Saudi Aramco, world's top oil exporter, made $420 million/day profit in Q1 amid Iran war

World's top oil exporter Saudi Aramco earned a net profit of $32.5 billion in the three months ended March 31, over $420 million daily, as per its Q1 results. The around 25% jump in profit YoY comes despite US-Iran war disrupting oil supply. "Our East-West Pipeline...[was] a critical supply artery, helping to mitigate...impact of global energy shock," the CEO said.