Saudi Aramco Q1 profit jumps 26% as key pipeline reaches capacity amid Iran war
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Source: CNBC
Published: 2026-05-10 18:24 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Military & Defence, Iran, Financial Markets, War & Conflict
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Snippet:
Saudi Aramco reported a 26% year-on-year jump in first-quarter profits on Sunday, beating analyst forecasts, as a key pipeline allowing it to circumvent the choked-off Strait of Hormuz reached full capacity.
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