Saudi Aramco will supply full September crude volumes to at least three European refiners despite war-related shipping disruptions, using Sidi Kerir, Yanbu and ship-to-ship transfers off Malta. #SaudiArabia#Aramco#Oil#Europe
Saudi Aramco posted another blockbuster quarter with $33.4B in adjusted Q2 earnings—but free cash flow covered just 56% of its dividend. Strong profits are masking growing pressure on Saudi Arabia’s fiscal model. #Aramco#Oil#Energy#OOTT
🛢️ Saudi Aramco shocks the market: the company reported a +26% jump in Q1 2026 profit, reaching $33.6 billion — beating analyst expectations.
📈 What’s driving it? Surging oil prices and escalating tensions around the Strait of Hormuz, a key global energy chokepoint.
While many Middle Eastern exporters remain heavily dependent on Hormuz, Saudi Arabia managed to soften the impact by maximizing use of its East-West pipeline to the Red Sea — moving up to 7 million barrels per day.
⚠️ Iran’s blockade of the Strait has already removed nearly 1 billion barrels of oil from global supply chains, with the deficit growing every day the route remains closed.
💰 Meanwhile, Brent crude prices: • +95% year-over-year • +67% since the start of 2026 • Peaked at $120/barrel during the height of tensions
📌 The takeaway: in today’s world, energy infrastructure and alternative export routes are becoming just as strategic as the oil itself.
