Oil companies’ Q2 profits soar amid US-Iran tensions, government discontent
Rising oil profits amid geopolitical tensions may strain global economies, prompting governments to address escalating consumer costs. The post Oil companies’ Q2 profits soar amid US-Iran tensions…
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Oil Companies Rake In $23 Billion in Excess Profits as Trump's Iran War Drives Up Gas Prices
May 26, 2026
groundworkcollaborative.org·1mo ago
BP quarterly profits surge to $3.2bn as Iran war drives oil prices higher
The energy giant said it had seen an "exceptional" performance at its oil trading business.
BBC News·2mo agoUS Oil Companies See Big Profit Jump, Gird for Clash Over Pump Prices With Trump
Summary Gasoline prices remain elevated despite crude easing toward pre-conflict levels Refining margins are near 2022 highs, boosted by exp
Canada Oil and Gas Profits to Surge on Iran War, but Firms Hold off New Investment
Canadian oil and gas producers anticipate sharply higher profits in 2026 as prices surge due to the Iran war but will channel those earnings
Gulf earnings are set to reveal the true toll of Iran war
Second-quarter results are expected to expose the conflict’s uneven impact, with banks and property under pressure while energy and telecoms
US oil companies see big profit jump, gird for clash over pump prices with Trump
Oil prices spiked after the U.S.-Israeli war on Iran began in late February and global fuel supplies tightened
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