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Aramco profits up 33% on higher prices as Trump says US majors 'making too much money'

By Frank Prenesti

Date: Tuesday 04 Aug 2026

(Sharecast News) - Saudi Aramco reported a 33% jump in second‑quarter profit on Tuesday as surging oil and refined product prices lifted earnings amid the Iran war, allowing the world's largest oil company to beat analyst expectations.


Adjusted net income rose 33% year‑on‑year $33.4bn, comfortably ahead of forecasts...

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