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: Oil (Petroleum) and Gasoline
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U.S. Oil Industry Earned Over $130 Billion in Profit During Iran War
The New York Times – Business: -
High Prices Haunt Trump and the GOP on Eve of the Midterms
The New York Times – Business:A backlash over high prices helped Republicans capture a majority in 2024. Now, it may be the source of the party’s own undoing.
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Why the Markets Don’t Care About the Midterms
The New York Times – Business:Factors like inflation, interest rates, A.I. and the war with Iran are far more important, our columnist says.
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An ‘Endless’ Cruise Around the World Is Suspended, Leaving Passengers Stranded
The New York Times – Travel:The cruise promised a lifetime of sailing, for less than what it cost to live on land. But it was underfunded and couldn’t absorb the rising cost of fuel.
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Attention, Passengers: High Airfares May Be Here to Stay
The New York Times – Business:Ticket prices jumped after fuel costs spiked because of the war with Iran, but airlines say even an end to the conflict will not bring fares back down quickly.
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Global Oil Price Hits $117 a Barrel, Highest Since April
The New York Times – Business:Investors have grown increasingly concerned that the war in Iran could escalate again, putting energy supplies at greater risk.
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Why Anger About Data Centers and Energy Prices May Not Swing Votes
The New York Times – Business:In Ohio, many voters say their frustration about the increase in electricity and fuel prices and the growth of data centers won’t influence whom they vote for.
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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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Reliably Red Iowa in Play as Economic Woes Mount
The New York Times – Business:The Trump administration’s policies could cost Republicans in a state that is being hit hard by expensive diesel prices and uncertainty over trade.