Oil Companies See Record Profits In Q2. Exxon Mobil And Chevron Are Among Those Benefiting From Iran War. U.S. oil and gas companies have seen profits soar, largely a result from disruptions related to the Iran war.
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Big Oil Is Reaping Rewards From the Chaos in Energy Markets
ExxonMobil’s earnings doubled, Chevron posted its highest quarterly earnings on record as energy prices soared during the Strait of Hormuz’s prolonged closure
#oott https://www.wsj.com/business/energy-oil/exxonmobil-xom-chevron-cvx-2q-earnings-report-2026-stock-77ca6092