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Saudi Aramco Reports 25% Profit Surge by Shifting Exports to East-West Pipeline

via Washington Times·5d ago

Saudi oil giant Aramco reported a 25% increase in first-quarter profits by utilizing a new pipeline that bypasses the Strait of Hormuz. This strategic shift demonstrates the resilience of global energy infrastructure even as geopolitical tensions threaten traditional shipping routes. The move underscores the critical importance of alternative export pathways for maintaining economic stability in volatile regions.

Read Full Story at Washington Times
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