That was almost three times as much as what businesses producing and refining oil in the United States made in the same period in 2025.
Category: Iran
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U.S. Oil Industry Earned Over $130 Billion in Profit During Iran War
The New York Times – Business: -
Stocks Fall and Oil Rises as Investors Retreat from Mounting Risks
The New York Times – Business:Earnings reports from big technology companies spooked investors and the price of oil jumped to its highest level in months.
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Tech Stocks Plunge as Doubts Over A.I. Spending Intensify
The New York Times – Business:Tech stocks plunged, led by a steep drop in South Korea’s benchmark index, as concerns over soaring A.I. spending and stubborn inflation fueled a sell-off.
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Attacks on Tankers in Mideast Surge, but Oil Exports Remain Steady
The New York Times – Business:Shipping operators are braving the Strait of Hormuz, but the risks are high and transportation costs have skyrocketed.
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Attacks on Tankers in Mideast Surge, but Oil Exports Remain Steady
The New York Times – Business:Shipping operators are braving the Strait of Hormuz, but the risks are high and transportation costs have skyrocketed.
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Families of Sailors Killed in Gulf Struggle for Compensation and Closure
The New York Times – Business:Attacks near the Strait of Hormuz have claimed the lives of at least 25 seafarers. Their survivors are reeling.
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Families of Sailors Killed in Gulf Struggle for Compensation and Closure
The New York Times – Business:Attacks near the Strait of Hormuz have claimed the lives of at least 25 seafarers. Their survivors are reeling.
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Oil Prices Rise as Iran Steps Up Attacks and Fighting Intensifies
The New York Times – Business:In a volatile moment for energy markets, more vessels are being hit while transiting the Strait of Hormuz, while the Houthis and Saudi Arabia traded attacks.
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Chip Stocks Tumble on A.I. Spending Fears and Rising Chinese Competition
The New York Times – Business:South Korean stocks tumbled in particular, as reports of a breakthrough by a Chinese chip rival heightened concerns about competition.
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World’s Energy Order Tested Again as Iran War’s Reach Extends Further
The New York Times – Business:“We are entering an age of prolonged insecurity,” one former U.S. energy official said of what have become chronic threats on the Middle East’s energy core.
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Oil Prices Jump on Outburst of Violence in the Middle East
The New York Times – Business:Attacks on ships around the Strait of Hormuz have continued as a war between Saudi Arabia and the Houthi militia intensified.