Big oil companies continue to post banner profits as fighting in Iran drives costs higher

Big oil companies continue to book massive profits as fighting in Iran disrupts energy markets and sends oil and gasoline prices sharply higher

Big oil companies continue to book massive profits as fighting in Iran disrupts energy markets and sends oil and gasoline prices sharply higher

Revenue is soaring, yet hyperscalers say they still cannot build capacity fast enough

The company stressed that the sector remains subdued and it saw ‘depressed’ activity in the first half of 2026.

BP profits more than double to £4.2billion as Iran conflict drives higher oil prices  gbnews.com

HSBC Posts Sharply Higher Quarterly Profit, Plans $1 Billion Share Buyback  WSJ

Nedbank Group chief executive Jason Quinn joined Bloomberg's Daybreak Europe from Johannesburg to discuss the bank’s latest earnings and economic outlook. He explained that while diluted headline earnings per share rose only 2%, underlying growth was closer to 15% once the Echo Bank disposal is excluded, supported by 3

Aramco posts 44% rise in net profit as Iran war drives up oil prices  Reuters

Clarkson said that its performance had been 'accentuated by turbulence' caused by the war in the Middle East. Profits rose 56 per cent to £61.5million over the six months to 30 June.

Clarkson said that its performance had been 'accentuated by turbulence' caused by the war in the Middle East. Profits rose 56 per cent to £61.5million over the six months to 30 June.

Oil and gas giants raked in massive spring profits while fighting between Iran and the US impeded petroleum shipments and consumers around the world paid more for fuel and confronted shortages.

VFD Group Plc reports a 100.8% increase in profit after tax to N10.06bn in H1 2026, driven by strong investment gains and strategic capital allocation.

S&P 500 groups on track for strongest earnings in five years

Revenue advanced to N53.7 billion from N41.2 billion a year ago, deriving strength largely from investment income, which was up by 102.8 per cent.

American oil and gas giants raked in massive spring profits while fighting between Iran and the U.S. impeded petroleum shipments and consumers around the world paid more for fuel and confronted shortages.

The conflict, now in its sixth month, halted most shipping through the Strait of Hormuz, a narrow waterway that previously served as a delivery route for a fifth of the world’s oil and natural gas.

The conflict, now in its sixth month, halted most shipping through the Strait of Hormuz, a narrow waterway that previously served as a delivery route for a fifth of the world's oil and natural gas.

Exxon Mobil on Friday reported doubling its second-quarter profits to $14.53 billion, up 105 per cent from the same time a year ago.