Aramco Q1 Profit Surges 25% as East-West Pipeline Hits Full Capacity Amid Hormuz Crisis
The post Aramco Q1 Profit Surges 25% as East-West Pipeline Hits Full Capacity Amid Hormuz Crisis appeared on BitcoinEthereumNews.com. TLDR: Aramco’s Q1 net profit rose 25% to $32.5B, beating the LSEG consensus estimate of $30.95 billion. The East-West Pipeline reached 7.0M bpd capacity, offsetting Hormuz shipping disruptions during the conflict. Total revenue climbed nearly 7% to $115.49B on higher crude oil and refined product prices and volumes. Aramco’s base dividend rose 3.5% to $21.9B, aligning with projected full-year payouts of $87.6 billion. Saudi Aramco posted a 25% rise in first-quarter profit for 2026, driven by higher oil sales and surging energy prices. The state oil giant earned $32.5 billion in net profit, beating analyst estimates. Geopolitical tensions around the Strait of Hormuz have reshaped global energy flows. As a result, Aramco’s East-West Pipeline is now running at full capacity to keep supply moving. East-West Pipeline Steps Up Amid Hormuz Disruption Iran’s blo