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Saudi Aramco Profit Surges, Offering Some Relief to Kingdom’s Finances

· wsj.com · popularity 29/100 · 0 similar stories today · Retirement & Estate Planning (Money, Markets & Investing)

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Summary

The 35% rise came during a period of escalating conflict with Houthi militants State-owned energy giant Saudi Aramco reported a rise in third-quarter profit, offering some relief to the kingdom’s finances during a period of escalating conflict with Yemen’s Houthi militants. The company’s net profit …

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