Saudi Aramco Q1 Profit Rises 25% to $32.5 Billion

Saudi Aramco, the world's largest oil exporter, reported a 25 percent increase in first-quarter net profit on Sunday, reaching $32.5 billion for the three months ended March 31, surpassing analyst expectations of $30.95 billion. The surge came amid Iran's blockade of the Strait of Hormuz, which prom