Saudi Aramco profits jump 35% despite attacks on oil facilities

What happened

Saudi Arabia's state-owned oil giant saw its profits rise to $36.25 billion in the third quarter, despite seeing its infrastructure and even headquarters targeted by Houthi rebels. France 24 ↗

Also reported

Higher oil prices and a joint venture sale lifted the Saudi giant’s earnings, even as disrupted exports and prolonged conflict weighed on the kingdom’s economy. Euronews ↗

Sources

• Despite attacks, Saudi Aramco posts 34% rise in net profits in latest quarter France 24
• Saudi Aramco profits jump 35% despite attacks on oil facilities Euronews
• Saudi Aramco Profit Jumps Despite Damaging Attacks on Pipelines and Refineries The New York Times
• Higher oil prices boost Saudi Aramco profits despite disruption from attacks Bozeman Daily Chronicle
• Higher oil prices boost Saudi Aramco profits despite disruption from attacks seMissourian
• Higher oil prices boost Saudi Aramco profits despite disruption from attacks Toronto Star