Global oil prices fell nearly two percent on Friday as crude shipments through the Strait of Hormuz continued recovering. The decline came despite a cargo vessel being struck near Oman a day earlier. Lower supply concerns eased pressure on energy markets and oil traders. Brent crude dropped 1.99 percent to $73.76 per barrel, while US […]
Saudi Aramco
Saudi Aramco signs $30bn preliminary deals with US firms
DUBAI/WASHINGTON: Saudi Aramco announced on Wednesday that it had signed 17 preliminary agreements with US companies, with a potential total value exceeding $30 billion, during the visit of Saudi Crown Prince Mohammed bin Salman to Washington. The deals cover a range of sectors including liquefied natural gas (LNG), financial services, advanced materials manufacturing, and procurement. […]
Aramco Signs Major New Deals to Expand US Partnerships
Saudi Aramco has announced a major expansion of its business ties with the United States, signing 17 new agreements worth more than $30 billion. The deals were revealed during the US–Saudi Investment Forum 2025 in Washington, DC. These new collaborations highlight the company’s growing global strategy and strengthen Aramco US investment partnerships, giving a clear […]