Aramco posts 34% jump in Q3 profit despite attacks on energy infrastructure

Saudi Aramco, the world's largest oil producer, announced a 34% surge in net income for the third quarter of 2026, despite facing disruptions in the Strait of Hormuz and attacks on its facilities in Saudi Arabia. The company's net profit for the quarter ending September 30 reached 135.94 billion Saudi riyals, or approximately $36.25 billion, compared to 101 billion riyals reported for the same period in 2025.

Aramco disclosed these figures to the Tadawul stock exchange, where its shares are traded. In its statement, the company attributed the increase to its resilient supply network and ability to adapt amid global energy uncertainty. Aramco's president and CEO, Amin Nasser, highlighted that ongoing geopolitical tensions and attacks on critical energy infrastructure have exacerbated the global energy supply crisis, posing significant risks to energy security worldwide.

Despite these challenges, Nasser emphasized that Aramco's flexibility and decades-long supply network have allowed the company to maintain reliable customer service during this unprecedented period.