An analysis for The Guardian claims that the world's top 100 oil and gas companies, including Saudi Aramco, Gazprom, and ExxonMobil, made over $30 million per hour in "unearned profit" during the first month of the American-Israeli war in Iran.
A move by Saudi Aramco to raise oil prices for Europe, up to $30 a barrel above Brent, has sent European oil prices towards $140, causing a ripple effect in markets, with Bitcoin also seeing a rebound.
US President Donald Trump announced a postponement of planned military strikes on Iranian power plants and energy infrastructure, citing 'very good' and 'productive' talks aimed at achieving a 'total resolution' of hostilities, leading to a rally in global markets and a drop in oil prices, while Iran stated Trump 'backed down'.
Iranian authorities have executed three men accused of killing police officers during anti-regime protests in January. The court found them guilty of acting on behalf of Israel and the USA.
Iran has rejected US President Trump's warnings about the safety of its team at the World Cup, with the team labeling the US as unfit to host the tournament. This follows Iran's shock announcement of its refusal to participate in the 2026 World Cup, escalating the geopolitical dispute into the realm of global athletics.
G7 leaders have announced the record release of 400 million barrels of oil in response to the war in the Middle East. This represents about twenty days worth of usual oil traffic through the Strait of Hormuz, currently through dangerous to go through due to the threat of Iranian strikes. This initiative aims 'to calm markets down', as FRANCE 24's Philip Turle explains.
The head of Saudi Aramco, Amin Nasser, has warned that prolonged disruptions to shipping through the Strait of Hormuz could lead to 'catastrophic consequences' for global oil markets, echoing previous warnings from the world's largest oil producer.
In neighbouring Saudi Arabia, Saudi Aramco temporarily shut its major refinery at Ras Tanura after a drone strike.
The post Global oil and gas prices surge as Middle East tensions escalate appeared…
Eskalacija sukoba na Bliskom istoku dovela je do privremenog zatvaranja postrojenja jedne od najvećih svjetskih naftnih kompanija, Saudi Aramco, dok je QatarEnergy, jedan od najvećih proizvođača…
Iran's retaliation following U.S. and Israeli strikes has seen missiles and drones hammer Gulf states and U.S. bases across the region, turning once-quiet skies over cities like Dubai, Doha and Manama into battle zones.
Saudi Aramco has commenced exports of condensate from its Jafurah unconventional gas field, with initial sales directed to customers in the United States and India.
Der Ölriese Saudi Aramco leidet zwar unter dem Irankrieg, aber er profitiert vom hohen Ölpreis. Analysten raten mehrheitlich zum Kauf der Aktie. Aber das ist für Privatanleger gar nicht so einfach.
A joint venture between Saudi Aramco and Dow has announced the suspension of its chemical output, citing ongoing regional disruptions as the reason for the halt in production.
The CEO of Saudi Aramco has withdrawn from the CERAWeek international energy conference in the US, reportedly remaining in Saudi Arabia due to the ongoing Iran conflict, the growing oil crisis, and challenges posed by Strait of Hormuz tensions, with Reuters confirming the cancellation through a source.
Amin Nasser, CEO of Saudi Aramco, has withdrawn from a major international energy conference, including CERAWeek in Houston, with sources indicating his absence is due to the ongoing Iran conflict and the challenges it poses, requiring him to remain in Saudi Arabia.
When Saudi Aramco told its oil buyers in a letter this week that it had no clear idea which port it would use for April exports, it laid bare a new reality: Iran, not the United States, holds the…
Saudi oil giant Saudi Aramco is reportedly in talks with at least two Ukrainian companies to acquire interceptor drones. These drones would be used to protect oil fields from potential attacks linked to Iran.
Saudi Aramco announced plans to buy back $3 billion of its shares and simultaneously raised its dividend, signaling confidence in its financial performance.
Saudi Arabia's Ministry of Defense announced the interception of eight drones near Riyadh and Al Kharj. Separately, new satellite images reveal damage to the large Aramco oil refinery in Ras Tanura following reported drone attacks.
Politicstvn24Daily Star BDdhaka-tribune1mo ago3 sources
Drones attacked the Ras Tanura oil refinery in Saudi Arabia, one of the world's largest oil centers, causing operations to halt. This incident is part of the escalating conflict in the Middle East.
Saudi Aramco has reportedly sold its initial cargoes of Jafurah condensate to international energy giants Chevron, Exxon, and Indian Oil, marking a significant step for the Jafurah unconventional gas field.
OMS Energy Technologies (OMSE) has announced it received an $11 million call-off order from Saudi Aramco, indicating a significant business engagement with the oil giant.
Unidentified drones have been detected hovering over Fort McNair military base in Washington D.C., where high-ranking officials including Pete Hegseth and Marco Rubio reside. The incident has prompted heightened security measures amidst ongoing tensions with Iran.
The Aramco chief has warned of a 'catastrophic' impact on the oil market if the Strait of Hormuz remains closed, reiterating that Saudi Aramco could restore full production within days of its reopening.
The International Energy Agency (IEA) has confirmed that the war in Iran is causing the 'greatest disruption' ever seen in the oil market, despite the release of emergency reserves, with Saudi Aramco's CEO warning of 'catastrophic consequences' for the global market.
MANILA, Philippines — The Philippine National Police – Highway Patrol Group (PNP -HPG) ordered its patrol officers to save on fuel amid looming price hikes triggered by escalating tensions in the…
Saudi Aramco could quickly restore oil output once the Strait of Hormuz reopens, indicating its capacity to resume normal operations swiftly after any disruptions.
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Tehran claims its targets are US military interests, but countries in the region reject its justification and fear being drawn into a conflict they have tried to avoid
Saudi Aramco has reportedly sold its first cargoes of Jafurah condensate to firms in the US and India, marking a new development in its energy exports.