Oil Companies Report Record Profits Amid Strait of Hormuz Closure and Iran Conflict
Major oil firms including ExxonMobil, BP, Chevron, and Saudi Aramco have posted unprecedented earnings as the ongoing Iran war disrupts global energy markets.
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Major oil firms including ExxonMobil, BP, Chevron, and Saudi Aramco have posted unprecedented earnings as the ongoing Iran war disrupts global energy markets.
Showing 1-19 of 19 articles.
politics
The Bureau of Ocean Energy Management is exploring the use of submerged lands off U.S. coastlines for space launches and re-entry, aligning with an executive order to expand American space presence.
The Hill | Jul 7, 2026, 10:25 PM
politics
High energy prices in states like California, New York, New Jersey, and Hawaii are attributed to state-level policy decisions, according to energy consultant David Blackmon and Energy Secretary Chris Wright.
Daily Caller | Jul 8, 2026, 1:57 PM
politics
President Donald Trump demands immediate gas price reductions while his Iran policy is cited as a key factor in recent fuel cost increases.
Reason | Jul 1, 2026, 5:34 PM
general
American and European oil giants see soaring profits as the U.S.-Iran conflict disrupts petroleum shipments through the Strait of Hormuz, pushing global fuel prices higher.
Washington Times News | Jul 31, 2026, 12:16 PM
politics
The Energy Department has signed agreements with Utah, Tennessee, Oklahoma, Louisiana, and Idaho to investigate potential nuclear waste storage sites amid ongoing disposal challenges.
The Hill | Jul 29, 2026, 1:28 AM
general
The legislation, supported by members of both parties, aims to impose steep tariffs on Russian imports and energy buyers, including China and India, while extending sanctions on Iran.
Fox News Latest | Jul 29, 2026, 12:46 AM
general
Despite widespread public pessimism, economic indicators under President Donald Trump reveal rising real wages, reduced income inequality, and increased consumer spending, according to recent reports and expert commentary.
Fox News Latest | Jul 21, 2026, 10:11 AM
world
Technology shares led a rebound in Asian markets on Tuesday, July 21, 2026, following gains in US tech stocks, while oil prices eased despite fresh military tensions involving US targets in the Middle East.
CNA Latest News | Jul 21, 2026, 5:42 AM
politics
Britain’s new prime minister, Andy Burnham, vows increased state intervention to address sluggish growth and rising public costs, while scrapping controversial digital ID plans.
Reason | Jul 20, 2026, 6:50 PMpolitics
On July 16, 2026, U.S. military forces conducted a boarding operation on a sanctioned oil tanker in the Gulf of Oman, underscoring ongoing enforcement of international sanctions.
The Hill | Jul 16, 2026, 10:58 PM
politics
President Trump signals skepticism toward a comprehensive peace deal with Iran following attacks on oil tankers and renewed U.S. military action.
The Hill | Jul 9, 2026, 12:10 AM
politics
An Iranian official declared no red lines in defense after President Trump threatened further attacks on Iran, escalating conflict in the Gulf region.
The Hill | Jul 8, 2026, 10:33 PM
politics
U.S. Central Command has launched additional strikes against Iran to counter threats to maritime navigation in the Strait of Hormuz, after President Trump announced a major military response.
The Hill | Jul 8, 2026, 10:11 PM
world
Global markets declined and oil prices surged after President Donald Trump announced potential new strikes on Iran, impacting travel and energy stocks.
Al Jazeera | Jul 8, 2026, 4:31 PM
world
At the NATO summit in Ankara, President Donald Trump renewed claims on Greenland, demanded cutting trade ties with Spain, and declared the Iran ceasefire over amid rising tensions.
Africanews | Jul 8, 2026, 1:16 PM
world
US President Donald Trump announced the end of the ceasefire with Iran after fresh military strikes, with both sides exchanging attacks in the Persian Gulf region.
Deutsche Welle | Jul 8, 2026, 5:08 AM
politics
Conservative commentator Bill O’Reilly encouraged Americans to embrace stock market investment and criticized complaints about inflation amid economic concerns and geopolitical tensions.
The Hill | Jul 7, 2026, 8:26 PM
politics
President Trump highlights dropping oil prices but notes gas prices lag behind, praises a Northeast retailer's efforts to lower fuel costs amid tensions with Iran.
The Hill | Jul 2, 2026, 2:49 PMShowing 1-19 of 19 articles.