Adnoc Distribution, the mobility arm of Abu Dhabi National Oil Company, posted a net profit of 1.31 billion U.A.E. dirhams ($358 million) for the three months ended June 30, up 94 % from 677 million dirhams a year earlier. The jump reflects higher fuel sales, inventory gains and tighter margins. The company operates over a thousand service stations across the U.A.E., as well as locations in Saudi Arabia and Egypt, and is listed on the Abu Dhabi Securities Exchange.

Revenue rose 53 % year‑on‑year to 13.2 billion dirhams, driven by a surge in demand for gasoline and diesel amid rising travel and commercial activity. Stronger wholesale prices and an improved inventory position helped lift earnings, while the company’s cost structure remained stable. Adnoc Distribution’s strategy of expanding retail presence and enhancing service offerings has paid off under a favorable market backdrop.

The report also notes that the ongoing tensions between Iran and the U.S. continue to affect shipping through the Strait of Hormuz, though diplomatic talks offer hope of reopening the waterway. The geopolitical environment, coupled with regional oil demand, remains a key factor in Adnoc Distribution’s performance and future outlook.