Oil giant Saudi Aramco profited $42.4B in third quarter ...Kuwait

Oil giant Saudi Aramco on Tuesday reported a $42.4 billion profit in the third quarter of this year, buoyed by the higher global energy prices that have filled the kingdom's coffers but helped fuel inflation worldwide. The oil firm's profits will help fund the kingdom's assertive Crown Prince Mohammed bin Salman's plans for a futuristic city on the Red Sea coast, but also comes as the US grows increasingly frustrated by higher prices at the pump chewing into American consumer's wallets. Those tensions yet again have chilled relations between Riyadh and Washington before the Nov. 8 midterm elections. In a note to investors, the predominantly state-owned oil company sa

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