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The Nexus
BUSINESSMay 10 · 08:24 UTCCNBC TOP

Saudi Aramco Q1 profit jumps 26% as key pipeline reaches capacity amid Iran war

Saudi Aramco's Q1 profit increased by 26% due to its East-West pipeline reaching capacity, helping mitigate energy shocks from the Iran war. The pipeline has played a crucial role in stabilizing energy supply. This increase is significant for the company's financial performance.

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