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Aramco profit spikes as Iran war boosts oil price

By CityCalc Newsroom · Tue Aug 04 2026 · Source: AGBI

Saudi Aramco’s second-quarter profit rose as higher oil prices boosted earnings, allowing the world’s biggest oil exporter to maintain its quarterly dividend. Net profit jumped 42 percent year on year to SAR122 billion ($32.5 billion), the company said in a statement to the Saud…

Saudi Aramco’s second-quarter profit rose as higher oil prices boosted earnings, allowing the world’s biggest oil exporter to maintain its quarterly dividend. Net profit jumped 42 percent year on year to SAR122 billion ($32.5 billion), the company said in a statement to the Saud…

Curated by CityCalc from AGBI. Read the full article at the source.

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