What was Saudi Aramco's adjusted net income for the first quarter, and how did it compare to analyst expectations and the prior year?

Saudi Aramco's adjusted net income rose 26% to almost 126 billion riyals ($33.6 billion) in the first quarter compared with a year earlier, surpassing analysts’ profit expectations of 109 billion riyals.

How did the war-related disruption in the Strait of Hormuz affect Saudi Aramco’s operations and oil shipments?

Following Iran’s effective closure of the Strait of Hormuz after US and Israeli attacks, Saudi Arabia redirected some oil shipments to an alternative port on the Red Sea within days; Aramco’s East-West pipeline reached 7 million barrels-per-day capacity, and crude exports stood at 5 million barrels per day by end-March — about 70% of prewar levels — with the pipeline described as a 'critical supply artery' mitigating the global energy shock.

ChemBrief

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Aramco Profit Tops Estimates After War-Driven Oil Price Rise

May 9, 2026

Saudi Aramco reported a 26% surge in first-quarter net income to $33.6 billion, beating expectations amid war-driven oil price spikes. The company leveraged alternative shipping routes and higher crude prices to mitigate supply disruptions in the Strait of Hormuz.

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