World’s largest oil company reports 25% profit jump as exports bypass Strait of Hormuz closure

Aramco reported a 25% profit jump due to rerouting oil exports bypassing the Strait of Hormuz closure caused by the Iran war. This highlights the critical importance of energy security and the global economy amid disruptions to oil supplies. While Aramco is leveraging its infrastructure, it cannot fully replace the capacity lost due to the waterway's control by Iran.