Shares of Saudi Arabian Oil Co., commonly known as Saudi Aramco, climbed sharply in recent trading sessions as escalating Middle East tensions, including a reported drone strike on one of its key facilities, rattled regional markets while boosting investor interest in the world's largest oil producer.
The company's stock (ticker: 2222 on the Saudi Exchange, or Tadawul) closed at 25.80 Saudi riyals (approximately $6.88) on March 1, marking a 3.37% gain from the previous close of 24.96 riyals. Trading volume reached nearly 21 million shares, reflecting heightened activity. As of early March 2 trading, the stock showed further modest gains, hovering around 26.10 riyals in some reports, with a day's range between 25.96 and 26.36 riyals.
