Q1 2026 adjusted net income rose by 26% year-on-year and by 34% quarter-on-quarter. The profit figure beat analyst forecasts, Aramco said. Aramco's East-West pipeline reached its maximum capacity of seven million barrels per day in the first quarter.

Saudi Aramco posted a strong 25% increase in first-quarter net profit for 2026, highlighting the companys resilience amid ongoing geopolitical tensions and major disruptions to global energy shipping routes.

Saudi Arabian Oil Co., which is known as Aramco and is the world’s top oil exporter, posted a net profit of $32.5 billion for the three months ending March 31, up from $26 billion in the same period last year.

Saudi Aramco’s boss warned of a long disruption to oil markets from the near closure of the Strait of Hormuz, while the company reported a jump in profit following higher prices and its ability to redirect exports via a pipeline bypassing the vital waterway.

The world has lost about 1 billion barrels of oil over the past two ​months and energy markets will take time to ​stabilise even if flows resume, Saudi Aramco’s CEO ⁠said on Sunday, as shipping disruptions choke traffic through ​the Strait of Hormuz.

Quick Read Nvidia (NVDA) is driving market gains through AI chip demand, but this growth masks broader economic weakness as consumers face squeezed budgets from elevated energy prices and tariffs. Exxon Mobil (XOM) and the energy sector face prolonged supply constraints,