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SAUDI ARABIA

Hormuz closure creates ‘largest oil supply shock in history’: Aramco chief

Saudi oil giant Aramco’s chief says the closure of the Strait of Hormuz has caused the “largest oil supply shock in history.”

Saudi-Hormuz

SAUDI ARABIA

Aramco helicopter crash kills 14 Saudi nationals: Report 

A Saudi Aramco helicopter crashed, reportedly killing 14 Saudi Arabian nationals. 

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DEFENSE

Saudi Aramco says Hormuz disruption removed 1 billion barrels of oil from global supply

The Saudi oil giant warns that energy markets will take time to stabilize even if flows resume immediately.

Hormuz

SAUDI ARABIA

Saudi oil company posts 3.4% fall in profit in June quarter

Saudi Arabia’s state oil company Aramco reports a 3.4% drop in profit in June quarter.

aramco logo

SAUDI ARABIA

Saudi Aramco’s Q2 profits crash amid falling oil prices

Saudi Aramco oil giant announces a significant decline in profits for the year's second quarter amid falling crude prices.

ON THE NEWS LINE

Yemeni retaliation: Aramco on fire

Yemen has announced a unilateral truce, suspending all retaliatory attacks against Saudi Arabia. Sana’a says it’s ready for a permanent ceasefire if the Saudi-led coalition ends its seven-year-long war against the country which has turned it into the scene of the world's worst humanitarian crisis. Now we have a report about the seventh anniversary of the Saudi-led war on Yemen and the latest developments on the ground.

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REPORTS

Yemenis mark national day of resistance

Thousands of Yemenis take to the streets of capital Sana'a and several other cities to mark the national day of resistance.