Saudi Aramco sees profit rising over 25% in Q1 despite disruptions

AI Summary

Saudi Aramco's net profit rose by 25.5% in Q1, showing resilience despite industry disruptions attributed to regional conflict. The company’s strong performance reflects its ability to navigate recent challenges in the oil market.

Saudi Aramco reported on Sunday that its net profit increased by 25.5% in the first quarter compared to the same period last year, following the Middle East war, which sent oil and...