Iran has attacked commercial ships across the Persian Gulf and targeted Dubai International Airport, escalating a campaign of squeezing the energy-rich region as global energy concerns mounted, as American and Israeli airstrikes pound the Islamic Republic.

Saudi energy company Aramco has unveiled a $1.5 billion fund for sustainable investments, part of efforts to burnish the state-owned company’s green credentials.

Saudi Arabia’s oil-producing crown jewel, Aramco, has announced a net income of around $47 billion for the first half of the year.

Profits for the first six months of the year plunged to $23.2 billion, half of last years $46.9 billion for the same time period. Despite massive efforts by Saudi Crown Prince Mohammed bin Salman to diversify the economy, Saudi Arabia still depends heavily on oil exports to fuel government spending. Aramco was knocked out of its top spot as the worlds most valuable listed company by Apple in recent days. At its highest, Aramco traded above $10 a share in December and at it lowest slipped to $7.20 a share in March. Even before the half-year results were announced, it was clear Aramco's half-year earnings would take a hit with the company's first quarter profits down 25%.

Google Maps(CNN) - An attack in the early hours of September 14 struck at the core of Saudi Aramco, jolting a company that earns over half of Saudi Arabia's total gross domestic product every year. Saudi Arabia has seen its energy infrastructure, including pumping stations, pipelines, supertankers and oil and gas fields, continuously attacked over the past five months. None, but Saudi Aramco," he said. The United States announced Friday it would send additional troops to Saudi Arabia and the United Arab Emirates in response to the attack, which the Washington has blamed on Tehran. The spokesman for the Pentagon's Joint Chiefs Chairman General Joseph Dunford told CNN that US Central Command is already in consultation with Saudi Arabia to mitigate future risks.