# US-Iran war drives oil prices higher, boosting oil companies’ profits and gas costs

https://mins.news/en/item/123056

- CNN, 2026-10-30 20:15 UTC
- Economy
- Original: https://www.cnn.com/2026/10/30/business/big-oil-profits-trump-gas-prices?Date=20261030&Profile=CNN

> As the US-Iran war drags on, global oil prices are surging, bringing blockbuster profits to oil companies and higher gas prices for drivers.

## Stories

- [Iran US War and Gulf Escalation](https://mins.news/en/topic/iran-us-war-and-gulf-escalation) — Markdown: https://mins.news/en/topic/iran-us-war-and-gulf-escalation.md

## Related coverage

- [ExxonMobil and Chevron post soaring profits as Trump touts high oil prices](https://mins.news/en/item/122627) — NBC News, 2026-10-30
- [Oil flows rise as Iran war turmoil eases. Why are prices still climbing?](https://mins.news/en/item/122101) — Al Jazeera, 2026-10-30
- [Wright Says High Oil Prices Are Temporary](https://mins.news/en/video/119572) — Bloomberg Television, 2026-10-28
