Asset management giants increase exposure to Aramco amid profit recovery

The article focused on the increased investments by major global asset managers, BlackRock and Vanguard, in Saudi Aramco's stock during the first half of 2026, with their holdings reaching their highest levels since the company's IPO. BlackRock increased its exposure by 14.1%, reaching 192.2 million shares, while Vanguard raised its stake by 3% to 270.1 million shares. This reflects their continued strengthening of their positions in the global oil and energy sector, coinciding with improved financial results for Aramco and rising oil prices. The company's operational capabilities have also helped maintain supply levels despite geopolitical tensions and regional conflicts.