Aramco Q1 profit jumps 25% as pipeline at full capacity
Business

Aramco Q1 profit jumps 25% as pipeline at full capacity

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Saudi Aramco reported a 25% jump in first-quarter profit, showing its resilience as US-Iran war tensions curtail Strait of Hormuz shipping, with the state oil giant's East-West crude pipeline running at full capacity to mitigate the impact to supplies.