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Oil Prices Surge Following Houthi Drone and Missile Strikes on Saudi Aramco Facilities
Global oil markets experienced a notable uptick on Monday as geopolitical tensions escalated in the Middle East. Yemeni Houthi rebels launched coordinated ballistic missile and drone attacks targeting critical Saudi Aramco infrastructure, including facilities near Riyadh and the strategic Khurais oi...

Oil Edges Lower as Saudi Arabia Faces Pressure Over Export Flows
Brent and WTI ended slightly lower on Thursday as traders discounted the risk of a prolonged Saudi supply shock, even as drone attacks continue to tar...

Aramco Q2 2026 Net Profit Surges 44% on Rising Oil Prices Amid Middle East Tensions
Saudi Arabian Oil Company (Saudi Aramco) announced a 44 % jump in Q2 2026 net profit, reaching 122.6 billion riyals (about $32.7 billion) thanks to hi...

Brent Crude Near $73 as Hormuz Strait Tensions Resurface
Oil markets edged up on Tuesday with Brent crude testing the $73 per barrel mark as fresh reports of attacks on commercial vessels in the strategic St...

Brent Crude Falls 2% as Oil Tankers Resume Transit Through the Strait of Hormuz
Oil prices kept sliding on Friday as fears of a global supply squeeze eased. The gradual return of tankers that were stuck in the Strait of Hormuz, co...
