Saudi Oil Giant Aramco reports $104 billion profit as regional conflict targets energy facilities

Saudi Arabia’s state-owned oil giant Saudi Aramco reported a net profit of $104 billion for 2025 , marking a decline from $110 billion recorded in 2024 , as escalating regional tensions and attacks on energy infrastructure weighed on operations.

The company, formally known as the Saudi Arabian Oil Company , released its annual results on Tuesday, reporting total revenues of $445 billion in 2025 , down from $480 billion the previous year . Aramco said it will brief investors later in the day about the results and the impact of the ongoing conflict in the region.

The drop in earnings comes amid the ongoing war between Saudi Arabia and Iran , which began on February 28 , and has heightened security risks for the kingdom’s energy sector. In recent weeks, Iranian drones and missiles have targeted several oil facilities and fields linked to Aramco , disrupting operations and raising concerns about supply stability in global energy markets.

Analysts say the attacks have increased operational costs, insurance premiums and security spending , while periodic disruptions to production and export infrastructure have affected revenue flows. Volatility in global oil prices during the conflict has also contributed to the decline in profits.

Founded in 1933 and headquartered in Dhahran, Aramco is the world’s largest oil producer and one of the most valuable companies globally , responsible for managing Saudi Arabia’s vast petroleum reserves. The company plays a crucial role in funding the kingdom’s national budget and economic development plans.

The conflict has underscored the strategic importance and vulnerability of Middle Eastern energy infrastructure , with markets closely monitoring developments for potential disruptions to global oil supply.

Despite the dip in profits, Aramco remains one of the most profitable corporations in the world, though continued regional instability could pose challenges for the company and the wider energy market in the months ahead.