{"id":61771,"date":"2026-05-10T02:38:14","date_gmt":"2026-05-10T06:38:14","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/saudi-aramco-profits-surge-25-as-iran-threatens-strait-of-hormuz\/61771\/"},"modified":"2026-05-10T02:38:14","modified_gmt":"2026-05-10T06:38:14","slug":"saudi-aramco-profits-surge-25-as-iran-threatens-strait-of-hormuz","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/saudi-aramco-profits-surge-25-as-iran-threatens-strait-of-hormuz\/61771\/","title":{"rendered":"Saudi Aramco Profits Surge 25% as Iran Threatens Strait of Hormuz"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>Saudi Aramco (<a href=\"\/stock\/2222.SR\">2222.SR<\/a>) reported a 25% year-on-year increase in first-quarter profits, reaching 120.1 billion riyals ($32 billion).<\/strong><\/li>\n<li><strong>Iran issued a formal warning that countries supporting U.S. sanctions could be barred from passing through the Strait of Hormuz.<\/strong><\/li>\n<li><strong>Germany has reportedly revived its effort to purchase U.S.-made Tomahawk cruise missiles, manufactured by Raytheon Technologies (<a href=\"\/stock\/RTX\">RTX<\/a>).<\/strong><\/li>\n<li><strong>Bitcoin (<a href=\"\/stock\/BTC\">BTC<\/a>) remains stable above the $80,000 mark, while Uniswap (<a href=\"\/stock\/UNI\">UNI<\/a>) saw a significant 4.93% gain.<\/strong><\/li>\n<li><strong>A deadly hantavirus outbreak has been confirmed on the cruise ship <em>Hondius<\/em>, which recently docked in Tenerife, Spain.<\/strong><\/li>\n<\/ul>\n<h2>Aramco Posts Stellar Q1 Results Amid Supply Chain Focus<\/h2>\n<p>Saudi Arabian Oil Co. (<strong>Saudi Aramco (<a href=\"\/stock\/2222.SR\">2222.SR<\/a>)<\/strong>) announced a massive <strong>25% jump in net profit<\/strong> for the first quarter of 2026, totaling <strong>120.1 billion riyals<\/strong>. The energy giant generated <strong>$115 billion in revenue<\/strong> during the period, bolstered by strong global demand and strategic infrastructure management.<\/p>\n<p>The company also announced a <strong>3.5% increase in its basic dividend distribution<\/strong>, which will now total <strong>82.1 billion riyals<\/strong>. <em>CEO Amin Nasser<\/em> highlighted the <strong>East-West Pipeline<\/strong> as a &quot;vital artery&quot; for ensuring the continuity of global oil supplies during periods of regional instability.<\/p>\n<h2>Geopolitical Tensions Escalate in the Middle East<\/h2>\n<p>The Iranian Army has issued a stern warning regarding the <strong>Strait of Hormuz<\/strong>, a critical chokepoint for global oil transit. Spokesman Mohammad Akraminia stated that nations adhering to <strong>U.S.-led sanctions<\/strong> against the Islamic Republic may face significant difficulties navigating the waterway, as Tehran moves to &quot;enforce its rights.&quot;<\/p>\n<p>Simultaneously, regional friction is mounting as Iranian media accuses the <strong>United Arab Emirates<\/strong> of plotting to draw the U.S. and Israel into a direct conflict with Tehran. On the ground, the <strong>Israeli Army<\/strong> confirmed it targeted over <strong>40 Hezbollah-affiliated sites<\/strong> in Lebanon over the weekend, further heightening fears of a broader regional escalation.<\/p>\n<h2>Defense and Crypto Markets React<\/h2>\n<p>In response to shifting security dynamics in Europe, <strong>Germany<\/strong> has revived its bid to acquire <strong>Tomahawk cruise missiles<\/strong> from the United States. This move, reported by the <em>Financial Times<\/em>, signals a continued push for long-range strike capabilities among NATO allies, potentially benefiting defense contractors like <strong>Raytheon Technologies (<a href=\"\/stock\/RTX\">RTX<\/a>)<\/strong>.<\/p>\n<p>In the digital asset space, <strong>Bitcoin (<a href=\"\/stock\/BTC\">BTC<\/a>)<\/strong> is trading at <strong>$80,724.00<\/strong>, down slightly by 0.14%. While most major cryptocurrencies showed minor fluctuations, <strong>Uniswap (<a href=\"\/stock\/UNI\">UNI<\/a>)<\/strong> outperformed the market with a <strong>4.93% increase<\/strong>, trading at approximately $3.91.<\/p>\n<h2>Health Crisis at Sea<\/h2>\n<p>Health authorities in Spain are monitoring a critical situation at the port of Granadilla in <strong>Tenerife<\/strong>. The cruise ship <em><strong>Hondius<\/strong><\/em> has arrived following a <strong>deadly hantavirus outbreak<\/strong> on board. Live television footage confirmed the vessel&#39;s arrival as medical teams prepare to manage the infected passengers and prevent further spread of the virus.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Saudi Aramco (2222.SR) reported a 25% year-on-year increase in first-quarter profits, reaching 120.1 billion riyals ($32 billion). Iran [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[5012],"tags":[3733,4824,5230,7789,9708],"class_list":["post-61771","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","tag-bitcoin","tag-geopolitics","tag-defense","tag-saudi-aramco","tag-oil-and-gas"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/61771","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=61771"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/61771\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50383"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=61771"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=61771"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=61771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}