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Saudi Aramco Q3 profit jumps 34.5% to $36.25 billion despite ongoing US-Iran conflict

Source: ET Markets ·

Saudi Aramco Q3 profit jumps 34.5% to $36.25 billion despite ongoing US-Iran conflict

Saudi Aramco reported a 34.5% year-on-year rise in third-quarter net profit to $36.25 billion, beating analyst estimates. Higher oil prices and the exit from a joint venture supported earnings, helping offset production disruptions and security risks amid the US-Iran conflict.

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