BUSINESSTHE GUARDIAN WORLD
Saudi Aramco profits jump despite conflict in Middle East
Saudi Aramco's profits increased by 26% to $33.6bn in the first quarter of the year, with revenue rising nearly 7% to $115.5bn. The company's east-west pipeline enabled it to ship millions of barrels of oil out of the Gulf despite Middle East conflict. Saudi Aramco's strong performance is notable given the regional tensions.