BUSINESSAug 4 · 05:56 UTCCNBC TOP

Saudi Aramco profits jump 33% in second quarter as Iran war squeezes oil supply

Saudi Aramco's profits increased by 33% in the second quarter as the Iran war reduced oil supply. Oil supermajors also reported high quarterly profits driven by elevated fossil fuel prices linked to the conflict.

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Saudi AramcoorganizationIran wartopicoil supplytopicoil supermajorstopicfossil fuel pricestopic

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