Saudi Aramco's profits soar 44 percent as war boosts oil prices

Middle East Eye · August 4, 2026 War

Saudi Aramco's profits soar 44 percent as war boosts oil prices Oil company Saudi Aramco reported a 44 percent surge in net profits on Tuesday, as the war on Iran sent oil prices soaring. Its net income of 122. 6 billion Saudi riyals ($32.