The war has seen Iran's retaliatory action target Washington's allies in the Gulf and virtually block the vital Strait of Hormuz

NEW YORK: American 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…

Donald Trump criticizes major oil companies for making "too much money" from high prices due to the Iran war, urging them to cut consumer prices.

US President Donald Trump on Monday accused major oil companies of profiting excessively from elevated crude prices caused by supply disruptions linked to the Iran war, saying he…

Chevron’s net income increased to $12.2 billion in the second quarter of 2026, an almost 400% rise compared to the same period last year.