Saudi Aramco reports $26 billion Q1 profit, a 4.6% drop from last year amid lower oil prices.

Saudi Aramco reported first-quarter profits of $26 billion, marking a 4.6% drop from the previous year. The company's revenues reached $108.1 billion for the quarter. Aramco's stock has fallen over the past year due to lower oil prices and uncertainty from U.S. tariffs, with Brent crude now trading at $63 per barrel, down from $80 last year.