Saudi Aramco.

  • Published In: TIME Magazine, 2026, v. 207, n. 15/16. P. 44 1 of 3

  • Database: Academic Search Ultimate 2 of 3

  • Authored By: Walt, Vivienne 3 of 3

Abstract

TITANSGLOBAL POWER PLAYERThe world's biggest oil company is also one of the most profitable, raking in $104.7 billion last year. It acts as the last-resort supplier in crises like the Iran war; even as Iranian drones blasted Saudi Arabia, Aramco piped 7 m illion barrels a day to the kingdom's Red Sea port, giving Saudi Arabia global clout in politics and business, beyond oil. Aramco's profits underpin much of the country's growth in industries like tourism. In recent years, it has funneled billions into the sovereign wealth fund.—Vivienne WaltPHOTO (COLOR) [Extracted from the article]

Additional Information

  • Source:TIME Magazine. 2026/05, Vol. 207, Issue 15/16, p44
  • Document Type:Article
  • Subject Area:Environmental Sciences
  • Publication Date:2026
  • ISSN:0040-781X
  • Accession Number:193359913
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