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4 hours ago

Aramco second-quarter profits jump as Iran war squeezes supplies

Saudi Aramco’s Ras Tanura oil refinery and oil terminal Ahmed Jadallah | Reuters Saudi Aramco on Tuesday reported a jump in second-quarter profit, following a period of severe disruption through the Strait of Hormuz amid the sprawling Middle East conflict. The world’s largest oil company posted adjusted net income of 125.2 billion Saudi riyal ($33.4…

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Aramco second-quarter profits jump as Iran war squeezes supplies

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