{
  "id": 119505,
  "title": "Oil giant Aramco’s profits soar 44% as war boosts prices",
  "url": "https://urgent.news/2026/08/04/oil-giant-aramcos-profits-soar-44-as-war-boosts-prices",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-04T06:40:00.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today",
    "url": "https://www.freemalaysiatoday.com/category/business/2026/08/04/oil-giant-aramco-s-profits-soar-44-as-war-boosts-prices"
  },
  "original_language": "en",
  "account": null,
  "summary": "Saudi Aramco reported a 44% increase in net profit to 122.6 billion Saudi riyals (US$32.7 billion) in the second quarter of 2026, driven by higher oil and gas prices amid the ongoing Middle East war. Despite supply disruptions in the Strait of Hormuz and a maritime blockade in the Red Sea, the oil giant maintained business continuity through its diverse asset base and strategic infrastructure. Aramco's president and CEO, Amin H. Nasser, highlighted the company's ability to navigate the challenging circumstances, with adjusted net income reaching 125.1 billion Saudi riyals (US$33.4 billion) when stripping out exceptional items.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Straits Times Business",
        "title": "Oil giant Aramco’s profits soar 44% as war boosts prices",
        "url": "https://urgent.news/2026/08/04/oil-giant-aramcos-profits-soar-44-as-war-boosts-prices-122961",
        "published": "2026-08-04T08:15:00.000Z"
      },
      {
        "outlet": "Middle East Eye",
        "title": "Saudi Aramco's profits soar 44 percent as war boosts oil prices",
        "url": "https://urgent.news/2026/08/04/saudi-aramcos-profits-soar-44-percent-as-war-boosts-oil-prices",
        "published": "2026-08-04T09:43:10.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}