Saudi Aramco Profit Jumps 25% as Iran Conflict Disrupts Oil Supplies

Saudi Aramco, the world’s largest oil producer, said Sunday that its first-quarter profit surged 25% as the Iran war disrupted global oil supplies and drove prices higher.

Aramco also said it successfully rerouted some oil exports through pipelines to avoid the Strait of Hormuz, which has faced disruptions during the conflict, according to an Associated Press (AP) report.

Saudi Aramco increased use of its East-West Pipeline to bypass disruptions in the Strait of Hormuz. (Photo: aramco Facebook)

Brent crude, the international oil benchmark, rose 2.58% on Sunday to $103.91 per barrel.

Although below the war-time peak above $119 per barrel, prices remain significantly higher than the roughly $70 level seen in late February before the conflict began.

Aramco President and CEO Amin Nasser said the company’s East-West Pipeline, which runs from Saudi Arabia’s eastern oil fields to the Red Sea, is operating at its full capacity of 7 million barrels per day.

Nasser said the pipeline is “helping to mitigate the impact of a global energy shock and providing relief to customers.”

Even so, the rerouted exports represent only part of Aramco’s total production.

The company produced 11.1 million barrels per day during the fourth quarter of 2025.

Aramco reported quarterly profit of $32.5 billion for the period ending March 31, up 25% from a year earlier.

However, the state-owned energy giant recorded a 12% decline in annual profits for 2025.