Aramco profit rises 9% after East-West pipeline attacks

“Aramco profit rises 9% after East-West pipeline attacks”

Dubai: Saudi Aramco reported a 9 per cent rise in Q3 adjusted net income on November 3. This comes on the back of drone attacks which shut its East-West pipeline in September. The company says they have since pushed exports back to prewar levels. The company says they have offset part of their losses by using alternate routes avoid the Strait of Hormuz. It raised exports from eastern Gulf terminals and used ship-to-ship transfers near Oman. Tanker-tracking data shows Saudi exports reached about…