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BumRushDaShow

(171,871 posts) Sun May 10, 2026, 07:56 AM Yesterday

Aramco Q1 Profit Jumps 25% as Hormuz Risks Push Pipeline to Full Capacity

Source: US News & World Report/Reuters

May 10, 2026, at 1:22 a.m.

DUBAI, May 10 (Reuters) - Saudi Aramco reported a 25% ⁠jump ⁠in first-quarter profit on Sunday, showing ⁠its resilience as U.S.-Iran war tensions curtail Strait of Hormuz shipping, with the state oil giant's East-West crude pipeline running at full capacity to mitigate the impact to supplies.

The world's top oil exporter earned ‌a net profit of $32.5 billion in ‌the three months ended March 31, beating an LSEG consensus estimate of $30.95 billion.

Total revenue surged nearly 7% from a ⁠year earlier to $115.49 ⁠billion due to higher prices and volumes sold of both crude oil and refined and chemical products.

Iran's blockade of shipping through the crucial Hormuz waterway amid the U.S.-Israeli conflict - which has curtailed energy supply and sent prices surging - prompted Aramco to ramp up crude flows from its east coast to the Red Sea port of Yanbu.

Read more: https://money.usnews.com/investing/news/articles/2026-05-10/aramco-q1-profit-jumps-25-as-hormuz-risks-push-pipeline-to-full-capacity

6 replies

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Highlight:

Aramco Q1 Profit Jumps 25% as Hormuz Risks Push Pipeline to Full Capacity (Original Post) BumRushDaShow Yesterday OP

Who else, besides Bibi, would have pushed trump to bomb Iran? Bayard Yesterday #1

"Who else, besides Bibi, would have pushed trump to bomb Iran?" BumRushDaShow Yesterday #2

I was thinking the oil companies Bayard 18 hrs ago #5

But only so much if they have any restrictions in movement/transport of it BumRushDaShow 11 hrs ago #6

Oh, the irony ! "Prince" Mohammed Bone Saw encourages Trmp to attack Iran, and it causes the biggest oil company in the eppur_se_muova Yesterday #3

So they made 300% on the bribe routed through Kushner Scruffy1 21 hrs ago #4

Bayard

(30,182 posts)

1. Who else, besides Bibi, would have pushed trump to bomb Iran?

Reply to BumRushDaShow (Original post)

Sun May 10, 2026, 12:05 PM

Yesterday

BumRushDaShow

(171,871 posts)

2. "Who else, besides Bibi, would have pushed trump to bomb Iran?"

Reply to Bayard (Reply #1)

Sun May 10, 2026, 12:46 PM

Yesterday

Lindsey Graham. This is very much HIS war and he has fantasized about it for decades.

Bayard

(30,182 posts)

5. I was thinking the oil companies

Reply to BumRushDaShow (Reply #2)

Mon May 11, 2026, 12:01 AM

18 hrs ago

They're making a killing.

BumRushDaShow

(171,871 posts)

6. But only so much if they have any restrictions in movement/transport of it

Reply to Bayard (Reply #5)

Mon May 11, 2026, 07:06 AM

11 hrs ago

Saudi has their one big pipeline running at full capacity since access from the Strait has been cut off and their other ship access going past the Gulf of Aden, could be cut off too if Iran gets pissed off and has the Houthis start up again near that.

eppur_se_muova

(42,404 posts)

3. Oh, the irony ! "Prince" Mohammed Bone Saw encourages Trmp to attack Iran, and it causes the biggest oil company in the

Reply to BumRushDaShow (Original post)

Sun May 10, 2026, 06:22 PM

Yesterday

world -- mostly owned by the Saudi gov't -- to experience windfall profits ? Oh, irony !

No one could have predicted that ! (Well, no one in this maladministration.)

Scruffy1

(3,543 posts)

4. So they made 300% on the bribe routed through Kushner

Reply to BumRushDaShow (Original post)

Sun May 10, 2026, 08:57 PM

21 hrs ago

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