Oil giant Saudi Aramco profits jump 25% as Iran war drives prices higher

Saudi Aramco said Q1 profit rose 25% as the Iran war disrupted global oil supplies and pushed up prices. The company shifted some exports away from the Strait of Hormuz via its East-West Pipeline, which is now operating at full capacity.

calendar_today May 11, 2026 schedule 08:58 visibility 61 views

Source: Euronews

newspaper

Originally published at

Euronews

open_in_new Read Full Article

Economy

Tesla’s robotaxi promises are clashing with reality

In an earnings call yesterday, Tesla CEO Elon Musk did his best to paint a positive portrait of the company's robotaxi program. New cities are being added, more miles are being driven, and more people are experiencing Tesla's unsupervised vehicles...

The Verge 4 hours ago

Economy

Poland's debt climbs above €500bn as borrowing reaches record pace

Poland is now among the fastest-indebting countries in the European Union. According to the latest Eurostat data, only Finland and Bulgaria recorded a larger increase in the public debt-to-GDP ratio in the first quarter of 2026.

Euronews 4 hours ago

Economy

Venezuela earthquake damages add up to almost $20 billion, World Bank says

Almost a month after the devastating earthquakes, Venezuela has a mammoth task ahead in terms of rebuilding, rehabilitating and mitigating the social and economic damage of the biggest natural disaster in decades.

Euronews 7 hours ago

Economy

ECB keeps interest rates unchanged amid Iran war inflation

The European Central Bank has kept its base interest rates steady but said it was "closely monitoring" the energy price shock. The impact of the war against Iran on energy costs has pushed inflation over ECB targets.

DW News 7 hours ago

Economy

Canada-EU: Closer trade ties to counter Trump?

Given they share the world's longest land border, Canada and the US have historically enjoyed fruitful trade relations. But with Donald Trump escalating his tariff war, Canada is looking to the EU and further afield.

DW News 7 hours ago

Economy

Fact check: No evidence links Norway fire to alleged Israeli settlement import ban

A massive fire in Norway has destroyed more than 100 homes and forced hundreds of people to evacuate. As the blaze spread, posts on social media began linking it to claims that Oslo had banned imports of Israeli settlement products. The Cube...

Euronews 9 hours ago

Economy

O plano da China para se livrar da dependência do agro brasileiro (e por que isso assusta o Brasil)

Novo plano do governo chinês aposta em biotecnologia, IA e novas fontes de proteína para reduzir vulnerabilidades alimentares; especialistas alertam para impactos de longo prazo sobre as exportações de soja brasileira.

BBC Portuguese 14 hours ago

Oil giant Saudi Aramco profits jump 25% as Iran war drives prices higher

Related Articles

Tesla’s robotaxi promises are clashing with reality

Poland's debt climbs above €500bn as borrowing reaches record pace

Venezuela earthquake damages add up to almost $20 billion, World Bank says

Read More

ECB keeps interest rates unchanged amid Iran war inflation

Canada-EU: Closer trade ties to counter Trump?

Fact check: No evidence links Norway fire to alleged Israeli settlement import ban

O plano da China para se livrar da dependência do agro brasileiro (e por que isso assusta o Brasil)