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Aramco Denies Breach of its Systems

FILE - In this June 28, 2021 file photo, a Saudi Aramco engineer monitors the central control room of the Khurais oil field, 150 kilometers east-northeast of Riyadh, Saudi Arabia. (AP Photo/Amr Nabil, File)
FILE - In this June 28, 2021 file photo, a Saudi Aramco engineer monitors the central control room of the Khurais oil field, 150 kilometers east-northeast of Riyadh, Saudi Arabia. (AP Photo/Amr Nabil, File)
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Aramco Denies Breach of its Systems

FILE - In this June 28, 2021 file photo, a Saudi Aramco engineer monitors the central control room of the Khurais oil field, 150 kilometers east-northeast of Riyadh, Saudi Arabia. (AP Photo/Amr Nabil, File)
FILE - In this June 28, 2021 file photo, a Saudi Aramco engineer monitors the central control room of the Khurais oil field, 150 kilometers east-northeast of Riyadh, Saudi Arabia. (AP Photo/Amr Nabil, File)

Saudi Arabia’s state oil giant has denied a breach of its systems, saying “the company continues to maintain a robust cybersecurity posture.”

Saudi Aramco told The Associated Press on Wednesday that it “recently became aware of the indirect release of a limited amount of company data which was held by third-party contractors.”

“We confirm that the release of data was not due to a breach of our systems, has no impact on our operations and the company continues to maintain a robust cybersecurity posture,” Aramco said.

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Trump Says US in Transition Period, Downplays Impact of Short-term Recession

US President Donald Trump reacts next to coal industry workers, on the day he signs energy-related executive orders at the White House in Washington, D.C., US, April 8, 2025. REUTERS/Nathan Howard/File Photo
US President Donald Trump reacts next to coal industry workers, on the day he signs energy-related executive orders at the White House in Washington, D.C., US, April 8, 2025. REUTERS/Nathan Howard/File Photo
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Trump Says US in Transition Period, Downplays Impact of Short-term Recession

US President Donald Trump reacts next to coal industry workers, on the day he signs energy-related executive orders at the White House in Washington, D.C., US, April 8, 2025. REUTERS/Nathan Howard/File Photo
US President Donald Trump reacts next to coal industry workers, on the day he signs energy-related executive orders at the White House in Washington, D.C., US, April 8, 2025. REUTERS/Nathan Howard/File Photo

President Donald Trump said the US was in a "transition period" and was going to do "fantastically" while downplaying the impact any short-term recession may have.

When asked during an interview with NBC News whether it would be OK to have a recession in the short term, Trump said: "Look, yeah, it's — everything's OK. What we are — I said, this is a transition period. I think we're going to do fantastically."

Trump's comment on the US economy being in a transition period echoed comments he made earlier on Friday in a social media post, in which he also cited strong employment and reiterated his call for the U.S. Federal Reserve to lower interest rates, Reuters reported.

"We’re only in a transition stage, just getting started!" he said in a Truth Social post. The post followed the release of US data that showed job growth slowed marginally for April.

Trump, who just passed his 100th day in office, has faced growing public discontent over his handling of the economy, with many economists predicting a wide range of tariffs imposed in recent months will drive up inflation and slow growth.