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SAUDI OIL GIANT
War cost to world = '2.6 billion barrels of oil'Global oil inventories have significantly depleted since the US-Israeli war with Iran began. Saudi Aramco's chief stated that replenishing ...- Big Oil profits surge as Iran war keeps energy prices elevatedEuropean and Middle Eastern oil firms reported significant profit increases recently. Saudi Aramco saw its net profit climb by forty-four p...
- Global Market: Saudi Aramco Q2 profit jumps 44% as Middle East conflict boosts oil pricesSaudi Aramco reported a 44% year-on-year jump in second-quarter net profit, beating analyst estimates as higher crude oil prices offset low...
- Iran getting more and more 'serious', says Trump in indication of not launching major operations right nowPresident Trump has not decided on major Iran strikes, citing ongoing serious talks. The renewed conflict has widened as Saudi Arabia struc...
- Global Market: European shares steady, set for weekly loss as oil surge, earnings keep investors cautiousEuropean shares remained flat as investors assessed rising oil prices. Escalating Middle East tensions and corporate earnings influenced ma...
- 1,500 ships trapped in Gulf of Hormuz are quietly multiplying an underwater army that could unleash World's biggest bioinvasion eventGulf of Hormuz underwater army: Nearly fifteen hundred ships stuck in the Persian Gulf after fighting closed the Strait of Hormuz. These id...
- US stocks today: Nasdaq plunges 2% as tech earnings spark AI spending worriesWall Street closed sharply lower with Nasdaq down over 2% as weak Big Tech earnings and rising AI spending concerns hit sentiment. Surging ...
- Global Market: European shares slip as tech stocks decline ahead of Alphabet, Tesla earningsEuropean stocks edged lower on Wednesday as technology shares declined ahead of earnings from Alphabet and Tesla, while investors monitored...
- US stocks today: US stocks end higher as semiconductors surge amid Mideast war intensifiesWall Street closed higher as semiconductor stocks rebounded sharply, lifting major indexes despite tariff tensions and Middle East risks. I...
- The Project-Driven OrganizationIn an era when adaptability and innovation are paramount, organizations are recognizing the pivotal role of projects in driving success. In...
- Saudi Arabia-backed developer seeks World Cup stadium investors, sources saySaudi Arabia's ROSHN Group is seeking investors for its Aramco Stadium venue. JPMorgan is managing the fundraising process for this signifi...
- One tycoon makes millions from 'dark' journeys on a dangerous oil route while others feared HormuzAmidst the Persian Gulf war, the UAE secretly navigated its oil exports through the Strait of Hormuz using 'dark' ship transits. Korean shi...
- Oil slide deepens as Saudi exports reach 90% of pre-war levelBrent futures slipped to near $70 a barrel in London, hitting their lowest since the week before the Iran war began on Feb 28. Saudi Arabia...
- Hormuz oil transits continue though attacks make owners waryVessel traffic through the Strait of Hormuz saw a dip as some shipping companies expressed reduced confidence following weekend attacks on ...
- Oil climbs following renewed US, Iran strikes in Middle EastOil prices saw an uptick as renewed US-Iran tensions in the Middle East disrupted shipping through the Strait of Hormuz. Despite reports of...
- Oil prices dive as more tankers move through Strait of HormuzCrude oil prices experienced a significant drop, heading for steep weekly losses as tanker traffic through the Strait of Hormuz increased, ...
- Shipowners on edge for news on Hormuz as ‘dark’ oil flows swellShipowners are closely monitoring a potential US-Iran peace deal and its implications for the Strait of Hormuz. While some express caution,...
- Why oil’s not at $200 after the biggest supply shock in historyGlobal oil prices are defying expectations, staying below $100 a barrel even after the Strait of Hormuz was effectively blocked. Record US ...
- SpaceX, the sprawling company targeting the stars, Mars and an IPOElon Musk founded SpaceX in 2002 with the lofty goal of ferrying humans to Mars and setting up colonies on the neighboring planet. Musk, th...
- Saudi oil giant Aramco reports $30B in Q2 profits, down nearly 40% from last yearSaudi Arabian Oil Co (Aramco) announced a 40% slump in profit in Q2 2022 to $30bn, driven by lower crude oil prices and weaker refining and...
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