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Oil Giant Saudi Aramco Reports 33% Profit Surge, Despite Iran War Disruptions

Higher oil prices propelled a quarterly earnings jump for Saudi Arabia’s energy giant, which used pipelines to work around disruptions in the Strait of Hormuz.

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By Lisa Friedman
source Source: NYT > Business
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Oil Giant Saudi Aramco Reports 33% Profit Surge, Despite Iran War Disruptions

Higher oil prices propelled a quarterly earnings jump for Saudi Arabia’s energy giant, which used pipelines to work around disruptions in the Strait of Hormuz.

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