# Saudi Aramco
Latest news and articles about Saudi Aramco
Total: 4 articles found
A Billion-Barrel Deficit: Saudi Aramco Reaps Record Profits Amid Global Supply Shocks
Saudi Aramco reported a 26% jump in first-quarter net profits to $33.6 billion as global oil supplies dropped by one billion barrels over two months. The company is mitigating geopolitical risks by operating its East-West pipeline at a maximum capacity of 7 million barrels per day to bypass the Strait of Hormuz.
Beyond the Chokepoint: The Gulf’s Multi-Billion Dollar Gamble to Bypass the Strait of Hormuz
Gulf nations are fast-tracking multi-billion dollar pipeline projects to bypass the Strait of Hormuz as Iranian tensions threaten long-term energy exports. Saudi Arabia is leading the charge by expanding its East-West corridor, while international oil prices surge past $107 per barrel amid a persistent supply crunch.
Beyond the Bottleneck: The Gulf’s High-Stakes Pivot from the Strait of Hormuz
As conflict in the Middle East blocks the Strait of Hormuz, Gulf oil producers are shifting exports to overland pipelines to reach the Red Sea and Mediterranean. While Saudi Arabia and the UAE have successfully diverted significant volumes, the total pipeline capacity remains less than half of the usual maritime flow, leaving a massive gap in global energy supplies.
Four Hundred Million Barrels and Counting: Strategic Reserves Fail to Douse the Strait of Hormuz Crisis
Attacks on merchant vessels and threats to close the Strait of Hormuz have prompted an unprecedented coordinated release of 400 million barrels of strategic oil stocks, yet markets remain volatile. The incident exposes the limits of stock releases as a remedy and highlights the deeper intertwining of energy security and geopolitics, with implications for long-term market structure and energy transition.