The Iran War Drove Oil Profits to Their Highest Levels in Years, and ExxonMobil Just Doubled Its Money to $14.5 Billion

Image for article The Iran War Drove Oil Profits to Their Highest Levels in Years, and ExxonMobil Just Doubled Its Money to $14.5 Billion
News Source : Thoughtcatalog.com

News Summary

  • As the Iran war stretches into its fifth month, the oil giants are posting some of their strongest earnings in years.
  • ExxonMobil just doubled its money to $14.5 billion, Chevron nearly quintupled its profit over the same three months last year, pulling in $12.1 billion.
  • The war that’s driving those numbers has now run five months, and 64% of Americans say it hasn’t been worth fighting.
  • The numbers are drawing scrutiny even as public support for the conflict falls.

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