Major oil companies reap massive profits as US and Iran fighting drives energy prices higher
- Posted on July 31, 2026
- By Chicago Tribune
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- 1 min read
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Major oil companies reap massive profits as US and Iran fighting drives energy prices higher
American oil and gas giants raked in massive spring profits while fighting between Iran and the U.S. impeded petroleum shipments and consumers around the world paid more for fuel and confronted shortages.