AP News·4 min read·medium

Major oil companies book massive profits as fighting between US and Iran continues

C
Cathy Bussewitz
Major oil companies book massive profits as fighting between US and Iran continues
AI Summary

Major US oil companies reported record-breaking profits during the second quarter as geopolitical tensions between the US and Iran disrupted global shipping. The resulting supply constraints caused fuel prices to surge, impacting consumers and economies worldwide.

By CATHY BUSSEWITZ Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] Leer en español --> Add AP News on Google Add AP News as your preferred source to see more of our stories on Google. --> Share

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Major oil companies book massive profits as fighting between US and Iran continues — Headlinne — headlinne