*1. Aramco's profits surged 25% thanks to the Hormuz crisis* - Q1 profits reached *$32.5 billion*. - Reason for the spike: The US-Iran war led to a partial closure of the Strait of Hormuz, prompting Aramco to operate the "East-West" pipeline at full capacity of 7 million barrels per day to transport oil to the Red Sea. Announced a core dividend distribution of $21.9 billion for Q1.
$DOGE .📊 China Holds Loan Prime Rates Steady 🇨🇳 . ✅ 1-Year Loan Prime Rate ➡️ 3.00% (Unchanged, Est. 3.00%) ✅ 5-Year Loan Prime Rate ➡️ 3.50% (Unchanged, Est. 3.50%)
📌 Stability continues in China’s lending rates 🏦 #chaina #loan