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Apple tops Aramco as world’s most valuable company, underscoring oil sector challenges

Tech giant Apple has overtaken oil giant Saudi Aramco as the world’s most valuable company, a clear indication of the challenges facing the oil sector. Earlier in the week, the market saw Reliance Industries unseat the world’s second-most valuable energy company, ExxonMobil. Reliance owns businesses in energy, petrochemicals, textiles, natural resources, retail, and telecommunications. Its…

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