ARAMCO’S $800 BILLION WIPEOUT DEEPENS SAUDI STRUGGLE TO BREAK OIL DEPENDENCE
Thu 07 August 2025: Saudi Aramco, the world’s largest oil company, has lost more than $800 billion in market value since its 2022 peak, Bloomberg has reported, marking a nearly 40 per cent decline and raising fresh concerns about the economic health of a kingdom still heavily reliant on fossil fuels. Shares in Aramco have fallen sharply, […]
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