Daily brief
Saudi Aramco reported a 25% increase in first-quarter profit, driven by higher oil prices and the use of an East-West pipeline that bypassed the Strait of Hormuz. The profit rise came despite disruptions from the ongoing conflict in the Middle East. The company's CEO said the world has been deprived of 1 billion barrels of oil over the past two months.
Three Saudi firms reported higher quarterly profits.
The Red Sea Governor inspected a landfill and pushed for solar-powered waste management.