Saudi Aramco explores selling part of its sulfur business for up to $7 billion as Middle East supply disruptions boost demand.
Saudi Aramco is considering a stake sale in its sulfur business, targeting proceeds of up to $7 billion. The move comes as global sulfur supply faces disruptions due to Middle East conflicts, driving demand for the commodity used across industries.
The company’s broader infrastructure assets are valued at approximately $50 billion, providing a substantial base for potential divestments. Sulfur prices have surged amid supply constraints, making the asset an attractive target for investors.
No immediate market reaction was reported, but the sale could signal Aramco’s strategy to monetize high-value assets amid shifting energy dynamics.