# Why are oil companies posting record profits amid Iran war disruption?

https://mins.news/en/item/12881

- Al Jazeera, 2026-08-04 14:04 UTC
- Economy
- Original: https://www.aljazeera.com/features/2026/8/4/why-are-oil-companies-posting-record-profits-amid-iran-war-disruption?traffic_source=rss

> Big Oil companies are reporting extraordinarily large profits while the Iran war disrupts energy flows. The critical Strait of Hormuz remains closed, creating a stark backdrop to the industry’s financial gains. The combination of a major wartime disruption and record earnings raises questions about how oil producers are benefiting as the key waterway stays shut.

## 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

- [The Iran War Revealed China Has a New Oil Weapon](https://mins.news/en/item/14963) — Bloomberg News, 2026-08-06
- [Donald Trump says oil executives have profited too much since Hormuz blockade](https://mins.news/en/item/13953) — France 24, 2026-08-05
- [Trump says oil executives have made too much money since Hormuz blockade](https://mins.news/en/video/13903) — France 24 English, 2026-08-05
- [Qatar says mediation to end US-Iran war is making progress](https://mins.news/en/item/13633) — CGTN, 2026-08-05