The oil giant’s earnings in the first three months of the year were more than double the previous quarter’s and follow similarly strong results of European rivals.
Category: US and Israeli Attack on Iran (2026)
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Fast-Food Sales Rise Despite Higher Gas Prices
Fallout from the war in Iran didn’t dampen quarterly results at McDonald’s, Burger King and Taco Bell.
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Oil Prices Slide on Hopes for Renewed Peace Talks
Investors waited for news on the situation in the Middle East, as the U.S. and Iran gave mixed signals on peace negotiations.
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War and Energy Shortages Boost China’s Influence in Asia
The war in Iran has left China’s neighbors appealing for help, handing Beijing the kind of sway it has long sought.
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Attack on French Cargo Ship Highlights Continued Risks in Strait of Hormuz
U.S. Central Command and the ship’s owner disagreed on whether the vessel coordinated safe passage with the United States military.
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Higher Gas Prices Are Hitting Lower-Income Americans the Hardest
People with lower incomes are driving less and devoting more of their budgets to transport as gas prices soar.
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Why Is Gas So Much More Expensive in Some States Than Others?
Shipping, taxes, competition and environmental regulations all play a part in the cost of gasoline. That can lead to stark differences in pump prices.
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Oil Falls and Stocks Gain as Trump Changes Course in Strait of Hormuz
Oil prices fell and stocks rose after President Trump’s about-face to pause the U.S. operation to escort commercial ships through the Strait of Hormuz
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Tell Us How High Gas Prices Have Affected Your Finances
With fuel costs soaring from the war with Iran, we want to hear how you’re feeling about the U.S. economy.
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Maersk Ship Passed Strait of Hormuz Under U.S. Military Protection
A U.S.-flagged ship operated by a Maersk subsidiary exited under American military guidance, part of President Trump’s effort to encourage ships to pass the Strait of Hormuz.
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Ford Says an Affordable Electric Pickup Truck is Still Coming Next Year
Ford Motor has written off $20 billion in electric vehicle investments but says it is forging ahead with an electric pickup that will sell for $30,000 next year.
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Oil Prices Slide but Remain Elevated as Middle East Tensions Escalate
Oil prices fell, giving back some of the gains from the previous day as attacks in the Middle East raised concerns about the war starting again.