Aramco profit soars 44% despite Houthi attack threats

Aramco President and CEO Amin H. Nasser said attempts to target the company's facilities, including sites near the Red Sea, had no significant

Riyadh: Saudi oil giant Aramco has reported a 44% increase in profits, with company officials saying recent attacks by Yemen’s Houthi rebels failed to disrupt its production or operations.

Aramco President and CEO Amin H. Nasser said attempts to target the company’s facilities, including sites near the Red Sea, had no significant impact on its oil output or operational capacity. He credited the company’s strong security measures and operational planning for ensuring uninterrupted production and energy supplies.

Speaking to reporters, Nasser said Aramco continued to operate normally despite heightened regional tensions, demonstrating the resilience of its infrastructure and workforce.

He added that the company’s strong financial performance reflects its ability to maintain stable energy production while reinforcing its position as a leading global supplier.

Energy analysts say Aramco’s ability to keep production steady despite ongoing security risks is crucial for maintaining stability in global oil markets. They also believe the company’s latest results highlight investor confidence and the resilience of Saudi Arabia’s energy sector amid continued regional uncertainty.