Saudi state oil company reports jump in profits despite attacks; Australian central bank lifts rates – business live

Iran war reduces Aramco’s output but this has been offset by higher oil pricesGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy.The Saudi state oil company Saudi Aramco has reported that profits rose by more than a third in the latest quarter despite attacks on its facilities.Geopolitical uncertainty and attacks on key…