Browsing Tag
East-West Pipeline
2 posts
Aramco Q1 2026 profit jumps 26% to $33.6bn as East-West Pipeline absorbs Hormuz shock
Hormuz was closed for ten weeks. Aramco still beat consensus by $2.4bn, ramped its East-West Pipeline to max, and declared a $21.9bn dividend.
Aramco CEO says 6.7 million barrels a day lost as Hormuz shutdown surpasses every prior Gulf energy crisis
Saudi Aramco CEO Amin Nasser warns of catastrophic consequences for global oil markets as the Strait of Hormuz crisis deepens. Read our full analysis.