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Keywords: ARAMCO


Iran drone strike on Ras Tanura refinery deepens Gulf energy shock

An Iranian drone strike on Saudi Aramco’s Ras Tanura refinery has forced a precautionary shutdown at one of the world’s most important oil facilities, intensifying concerns over a wider regional conflict and global energy security. The attack ignited a limited fire that was brought under......

Saudi Aramco halts crude supply to Pakistan as global oil flows shift

Saudi Aramco has withheld its March 2026 crude shipment to a Pakistani refinery, reflecting tighter global supply patterns as sanctions and shifting demand reshape trade routes. According to industry sources cited by Pakistan Today, the state oil company has redirected volumes toward larger Asian......

Saudi oil exports to China set for multi year high in March

Saudi Arabia’s crude shipments to China are expected to climb to their highest level in years in March 2026 after the kingdom cut its official selling prices to Asia for a fourth straight month, prompting stronger demand from Chinese refiners, industry sources told Reuters. State energy giant......

Oil falls to four year low as global glut deepens

Oil prices have dropped to their lowest level in nearly four years, with Brent trading around 61 dollars a barrel on 6 January 2026, capping a historic slide driven by one of the largest supply surpluses in two decades. The December 2025 monthly average of 63 dollars a barrel was the weakest since early......

Aramco’s net profit drops by 22% in Q2 due to oil price slump

Aramco, the world's largest oil exporter and cornerstone of the Saudi economy, continues to see declining profits for the tenth consecutive quarter since its record highs in late 2022. The company's net income fell from $29.07 billion to $22.67 billion, largely due to “lower crude oil,......

Saudi Arabia's Ambitious Vision for the 2034 World Cup $26 Billion in Investments

Saudi Arabia has been officially chosen to host the 2034 FIFA World Cup, marking a historic moment as the first country to organize a tournament with 48 teams on its own. The kingdom’s commitment to this major event is reflected in its vast investment plans, which aim to reshape its infrastructure......

Tangier's Bold Bid: Reviving Morocco's Formula 1 Dreams

Could Tangier Be the Next Grand Prix Destination? Tangier is ambitiously vying to host a Formula 1 Grand Prix, aiming to rejuvenate Morocco's motorsport legacy. If successful, it would mark the first Formula 1 event in the country since 1958. According to Atalayar, hosting such an event could provide......

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