Oil giant Saudi Aramco has USD 42.4B profit in third quarter
Dubai (AP): Oil giant Saudi Aramco on Tuesday reported a USD 42.4 billion profit in the third quarter of this year, buoyed by higher global energy prices.
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 oil prices fuelling inflation.
While global crude oil prices during this period were affected by continued economic uncertainty, our long-term view is that oil demand will continue to grow for the rest of the decade given the world's need for more affordable and reliable energy, Aramco CEO Amin H. Nasser said in a statement.
Benchmark Brent crude traded just shy of USD 95 a barrel Tuesday
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Minor girl kidnapped and raped; main accused and two cafe owners held
Latur (PTI): A minor girl was allegedly kidnapped and raped by an 18-year-old man in Latur, leading to the arrest of the main accused and owners of two cafes where the crime occurred on December 4, police said on Saturday.
Police traced the girl within hours of registering the complaint. The accused, identified as Rihan Gulab Shaikh, was arrested based on the girl's complaint. Two others are owners of two cafes where the crime occurred, police said.
Police registered a case under various sections of the Bharatiya Nyay Sanhita (BNS), POCSO Act, and the Prevention of Atrocities Act, an official said.
