Aramco net profits jump 44% as US-Iran war boosts oil prices
Middle East2 sources2 countries🔦 Under-reported26m ago
Saudi Aramco reported a 44% year-on-year increase in net profit for the second quarter of 2026. The state-owned oil giant attributed this financial growth to a rise in global oil and gas prices during the period.
The increase in energy prices is linked to the ongoing conflict between the United States and Iran. Market volatility throughout the war has resulted in significantly higher crude prices compared to the same period in the previous year.
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How the coverage differs
Same story, different emphasis — here's what each outlet chose to lead with.
Daily SabahDirectly links profit growth to the specific US-Iran conflict
Free Malaysia TodayBroadens context to include Middle East war and gas prices