Aramco Q1 Profit Surges 25% as Hormuz Tensions
DUBAI (Beyond Time News): Saudi Aramco reported a strong performance in the first quarter of the year, with profit rising 25% as global energy markets reacted to heightened geopolitical tensions around the Strait of Hormuz. Strong Earnings Driven by Higher Oil Prices Aramco posted a net profit of $32.5 billion for the quarter ending March…