Oil
Saudi Aramco Q3 profit jumps 34.5% to $36.25 billion despite ongoing US-Iran conflict
CEII brief
ET EnergyWorld (India) reported on 4 Nov 2026: Saudi Aramco Q3 profit jumps 34.5% to $36.25 billion despite ongoing US-Iran conflict.
Read the full story on ET EnergyWorld (India)Higher oil prices and the exit from a joint venture supported earnings, helping offset production disruptions and security risks amid the US-Iran conflict.
Context from CEII
Crude benchmarks move budgets, currencies and inflation in producer and importer countries alike. For economies such as Nigeria, where fuels dominate exports, production and refining decisions move the whole economy.
68.0% of Iran’s merchandise exports were fuels in 2023Countries in this story
Original reporting © ET EnergyWorld (India). Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
