Aramco's Q2 net profits rise 44 percent
Saudi Aramco announced that its net profits in the second quarter of 2026 increased by 44%, reaching $32.69 billion, due to higher sales driven by increased prices of refined products, chemicals, and crude oil, despite disruptions in the Strait of Hormuz. The results indicate the company's strong performance despite geopolitical challenges and reflect a significant improvement in profits compared to previous periods.
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