Saudi oil giant Aramco reported a significant 44% increase in second-quarter net profit today as it reaped higher prices for crude oil, refined products and chemicals while redirecting shipments away from the war-ravaged Strait of Hormuz.

It further warned global oil investors that gain remains diminished by ongoing disruptions from the US-Israeli war with Iran disruptions that have been the most massive in the energy markets’ history.

In this connection, CEO Amin........

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