Economy

Follow coverage of the U.S. and global economy, jobs and unemployment; banking; interest rates and other decisions by the Federal Reserve (Fed) and Chair; and economic indicators such as the gross domestic product (GDP), factory orders and durable goods. Other topics include the federal budget deficit and national debt, and local economic columnist Jon Talton.

Major oil companies reap massive profits as US and Iran fighting drives energy prices higher

FILE – A display shows $110.04 for gasoline on a fuel pump at a Mobil gas station on Wednesday, April 29, 2026, in Portland, Ore. (AP Photo/Jenny Kane, File) NYBZ701 NYBZ701

Major oil companies reported massive profits while fighting between Iran and the U.S. impeded petroleum shipments. VIEW

More Headlines