Saudi Aramco Profits at an ATH, but Saudi Arabia Continues to Invest Heavily in the Post-oil Era.

MBS also uses the Saudi fund as a diplomatic tool in the service of his interests.

Saudi Aramco has never made so much profit in its history.

Thanks to the surge in crude prices, the Saudi oil giant made $48.4 billion in profits in the second quarter of 2022!

That's even more than between January and March 2022, an already record quarter with nearly $40 billion in profits. Compared to the same time last year, the jump is 90%.

But the Sau…