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Saudi Aramco

Cargo ships and tankers are seen off coast city of Fujairah, in the Strait of Hormuz in the northern Emirate on February 25, 2026. (Giuseppe CACACE / AFP)
March 10, 2026, 5:13 pm
Saudi Aramco warns of ‘catastrophic consequences’ unless Strait of Hormuz opens
Trump and Saudi oil giant scramble to deal with energy supply fears as IRGC vows not to let ‘one liter of oil’ through key channel while Israeli-US attacks continue
By Reuters
The US embassy headquarters in Riyadh is pictured on March 3, 2026, after it was hit by drone strikes earlier. (AFP)
March 3, 2026, 6:37 pm
US shuts its embassies in Saudi Arabia, Kuwait after being hit by Iranian strikes
State Department orders non-emergency staff to leave Bahrain, Iraq, Jordan, Kuwait, Qatar and the UAE; Saudi oil giant Aramco attempting to reroute some crude exports
By Agencies
A black plume of smoke rises from a warehouse at the industrial area of Sharjah City in the United Arab Emirates following reports of Iranian strikes in Dubai, United Arab Emirates, March 1, 2026. (AP Photo/Altaf Qadri)
March 2, 2026, 6:51 pm
Energy prices soar as Iran strikes Gulf, disrupts Strait of Hormuz
Missile and drone attacks against oil and gas facilities, closures in key maritime passage cause oil prices to jump nearly 10%, natural gas more than 40%
By David McHugh
Screen captures from videos said to show smoke billowing from the Ras Tanura refinery in Saudi Arabia after an Iranian drone strike, March 2, 2026. (X, used in accordance with Clause 27a of the Copyright Law)
March 2, 2026, 9:57 am
Saudi Aramco shuts down Ras Tanura refinery, its biggest, after Iran drone strike causes blaze
Defense ministry says two drones intercepted, shrapnel fell, no injuries; social media videos show flames and smoke billowing from oil facility, one of the world’s largest
By Agencies and ToI Staff
Storage tanks are seen at the North Jiddah bulk plant, an Aramco oil facility, in Jeddah, Saudi Arabia, on March 21, 2021 (AP Photo/Amr Nabil)
August 7, 2023, 12:31 pm
Saudi oil giant Aramco reports $30b in Q2 profits, down nearly 40% from last year
Company still ranked second-biggest in the world by revenue, behind only Walmart and ahead of Amazon and Apple
By AP
In this file photo taken on October 10, 2018, a demonstrator dressed as Saudi Arabian Crown Prince Mohammed bin Salman (C) with blood on his hands protests outside the Saudi Embassy in Washington, DC, demanding justice for missing Saudi journalist Jamal Khashoggi. (Jim Watson/AFP)
July 14, 2022, 9:00 am
MBS, the comeback: Saudi heir hailed as reformer while cracking down on opposition
Crown prince tarnished by Khashoggi murder has eased restrictions in kingdom and advanced plans for futuristic city, while stifling dissent, jailing opponents, waging war in Yemen
By AFP
Defense Minister Benny Gantz reveals the location of an alleged Iranian drone base in southern Iran during a speech at Reichman University on November 23, 2021. (Ariel Hermoni/Defense Ministry)
November 23, 2021, 12:23 pm
Gantz exposes Iran drone bases, says Tehran tried to fly TNT into West Bank via UAV
Defense minister again threatens military strike if diplomatic efforts to halt Iran’s nuclear program fall through
By Judah Ari Gross
Iron Dome defense missile systems are pictured in the southern Israeli city of Sderot, on April 24, 2021. (Jack Guez/AFP)
October 26, 2021, 4:48 pm
Eyeing drone threat from Iran, Israel working to boost radars, air defenses
Military hopes to have full coverage of northern airspace within two years, as part of plan to establish a nationwide air defense umbrella
By Judah Ari Gross
Barbed wire fence surround the North Jeddah bulk plant, an Aramco oil facility, in Jeddah, Saudi Arabia, March 4, 2021 (AP Photo/Amr Nabil)
March 4, 2021, 10:14 am
Yemen’s Iran-backed Houthi rebels claim missile hit Saudi oil facility
Houthi military spokesman says forces fired a new Quds-2 cruise missile; rebels claimed they hit the same plant in Jeddah last November in attack that sparked a fire
By Agencies
In this December 14, 1976, photo, Saudi Oil Minister Ahmed Zaki Yamani listens to newsmen's questions during a news conference at Doha, Qatar, after he arrived to attend OPEC meeting. (AP Photo, File)
February 23, 2021, 4:08 pm
Saudi Arabia’s long-serving oil minister Ahmed Zaki Yamani dies at 90
Mecca-born official survived the 1975 pro-Palestinian attack at OPEC headquarters in Vienna; one of the terrorists, Anis Naccache, died Monday from COVID-19
By Agencies
A man, mask-clad due to the COVID-19 coronavirus pandemic, browses his phone while standing near debris following an attack at the Saudi Aramco oil facility in Saudi Arabia's Red Sea city of Jeddah on November 24, 2020. (FAYEZ NURELDINE / AFP)
November 25, 2020, 6:10 pm
Iran-backed Houthis say missile that hit Saudi Arabia will also target Eilat
Quds-2 missile fired from Yemen tore hole in oil facility in Jiddah, 600 kilometers away; official says it’s being developed to reach Israel
By ToI Staff and Agencies
A Kuwaiti trader wearing a protective mask follows the market at the Boursa Kuwait stock exchange in Kuwait City, March 1, 2020. (Yasser al-Zayyat/AFP)
March 2, 2020, 6:45 am
Gulf stock markets dive as coronavirus outbreak hits oil prices
Virus threatens oil-rich Middle Eastern economies as global travel and transportation industries slump amid virus fears; TASE continues to fall, dropping 2.47%
By Omar Hasan
A trader talks to others in front of a screen displaying Saudi stock market values at the Arab National Bank in Riyadh, Saudi Arabia, December 12, 2019. (Amr Nabil/AP)
February 19, 2020, 9:15 am
Saudi Aramco shares shed post-IPO gains as oil dives due to coronavirus
China’s energy demand sags amid lockdown of millions of people to prevent spread of disease; valued at over $2 trillion in December, Saudi company slumps to $1.75 trillion
By AFP
Saudi stock market officials watch the market screen displaying Saudi Arabia's state-owned oil company Aramco after its initial public offering (IPO) on the Riyadh's stock market in Riyadh, Saudi Arabia, Dec. 11, 2019. (AP Photo/Amr Nabil)
January 6, 2020, 3:57 am
Saudi Aramco shares plummet as Gulf exchanges rocked by Iran-US tensions
World’s largest public firm, all 7 stock markets in Gulf Cooperation Council hit by panicky sell-off on first day of trading since Soleimani killing
By AFP
This picture from December 12, 2019, shows (L) a view of the exchange board at the stock market (Tadawul) in Riyadh displaying Aramco shares on the second day of their trading, along with a poster depicting Saudi Arabia's founder King Abdulaziz ibn Saud (C), his son and current King Salman bin Abdulaziz (R), and the latter's son Crown Prince Mohammed bin Salman. (Fayez Nureldine/AFP)
December 12, 2019, 8:49 pm
Saudi Aramco briefly hits crown prince’s $2 trillion valuation target
Surge in national oil company’s share price vaults Saudi Arabia’s stock market into seventh place among world’s largest exchanges
By Anuj Chopra
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