Saudi Company Aramco’s financial value increases putting Apple under pressure

- Business - October 7, 2021

As global energy prices rise, Saudi Aramco is on the verge of becoming the world’s most valuable company, a designation presently held by Apple.

The Saudi Arabian oil business is currently valued at almost $2 trillion, just behind Apple’s $2.3 trillion, and the oil giant could continue to gain ground if energy prices increase amid a global surge.