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Aramco's Record Profits Hide a Growing Cash Flow Crisis
While most media are focusing on the financial windfall due to the geopolitical turmoil (Iran war), Saudi Aramco's second-quarter 2026 re…
AI Summary
While most media are focusing on the financial windfall due to the geopolitical turmoil (Iran war), Saudi Aramco's second-quarter 2026 results hide risks facing the Kingdom. The world’s largest oil producer’s adjusted net income has reached $33.4 billion, taking first-half adjusted earnings to $67.2 billion. Its Q2 reported net income stands at $32.7 billion, an impressive one-third higher than a year earlier. The pure financials are extraordinary results, again without any doubt reinforcing Aramco's position as the most profitable…
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