Saudi oil giant Aramco sees Q1 profits rise 25% by shifting exports to its East-West Pipeline

Saudi oil giant Aramco sees Q1 profits rise 25% by shifting exports to its East-West Pipeline

Aramco, the world's largest oil company, reported Sunday that its first-quarter profits jumped 25% over last year, as it increased exports by using a pipeline that avoids shipping through the Strait of Hormuz, which has been disrupted by the Iran war.

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