Aramco Profit Climbs as War Disrupts Oil RoutesAramco’s War-Era Windfall Shows the Cost of Oil DisruptionAramco Keeps Oil Moving Despite Attacks and War Disruption
Saudi Aramco said on November 3 that third-quarter net profit rose 35% to $36.3 billion, lifted by higher oil prices and a stake sale, despite attacks and disruption to exports.On November 3, Saudi Aramco reported higher third-quarter profits as the Iran war drove oil prices up, while attacks and disrupted shipping forced the company to reroute exports.Saudi Aramco said on November 3 that higher oil prices lifted third-quarter profit, as the company kept exports moving through alternative routes despite attacks and shipping risks.