What was Aramco's second-quarter net profit and how does it compare to the same period last year?

Aramco reported a second-quarter net profit of $32.69 billion for the three months ended June 30, representing a 44% increase compared to $22.67 billion in the same period a year earlier.

How has the Strait of Hormuz conflict affected Aramco's operations and what alternative route has it used to maintain supply?

Despite unprecedented supply disruption through the Strait of Hormuz due to the U.S.-Israeli war with Iran, Aramco maintained business continuity by rerouting exports via its East-West Pipeline to the Red Sea port of Yanbu — a route CEO Amin Nasser described as a 'critical lifeline' — and leveraged its diverse asset base, storage capacity, and export terminals to sustain a 98.4% supply reliability rate during the quarter.

Aramco posts 44% rise in net profit as Iran war drives up oil prices

Aug 3, 2026

Saudi Aramco reported a 44% surge in second-quarter net profit to $32.69 billion, driven by elevated oil and chemical prices amid regional conflicts. Despite supply disruptions in the Strait of Hormuz, it maintained 98.4% supply reliability via alternative export routes.

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Aramco posts 44% rise in net profit as Iran war drives up oil prices

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