EconomyUS oil firms reap $130bn from Iran war as household bills soar

US oil and gas companies made more than $130bn in profits during the war on Iran, while consumers faced higher costs. Disruptions to Gulf and Russian energy supplies helped US producers and refiners benefit from rising oil prices and tighter fuel markets, according to analysts.

Iran warUS oil companiesenergy pricesStrait of Hormuz

AAl Jazeera★★★★☆2026-11-02 14:27Original