International Trade

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

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