Nabors Industries Ltd. posted first‑quarter revenue of $784 million, underscoring its resilience amid Middle East geopolitical tensions. The company’s international drilling arm remains a key driver of performance. The global energy sector has felt the ripple of Middle East conflict, prompting companies to diversify geographically and strengthen operational flexibility. In the quarter, the company’s rig count rose to 66 in the Lower 48, and it expanded activity internationally with additional rig deployments in Saudi Arabia and Latin America. Nabors said the Middle East conflict has had only a modest direct impact on operations, though it has increased staffing and logistics costs. Petrello said, "The conflict in the Middle East and its broader implications across global energy markets continue to reinforce the value of Nabors’ portfolio and geographic diversification." The company remains focused on operational flexibility and global fleet deployment as geopolitical uncertainty persists. With sustained demand for drilling services outside the U.S., Nabors expects further rig count growth into mid‑year, leveraging its diversified portfolio to navigate rising logistics costs and regional disruptions.