Finance & Banking — Iran war lifts Aramco profits 26% while Hormuz transit tests fragile ceasefire — energy shock reprices risk across finance

Finance & Banking · 2026-05-10

The Iran war remains the dominant macro variable for finance and banking operators this week. Aramco's Q1 profit beat — up 26% on war-driven crude prices — confirms the energy shock is flowing directly to corporate earnings, but the Strait of Hormuz remains contested: a drone struck a cargo vessel near Qatar the same day Qatar sent its first LNG tanker through the strait since hostilities began.…