Profiteering in the Shadow of War: How Iran's Conflict Fuels Big Oil's Bonanza The war with Iran has sent shockwaves through global markets, driving up gas prices and crippling economies worldwide.
Amidst this chaos, a peculiar phenomenon has emerged: the oil industry is raking it in.
ExxonMobil, Chevron, and ConocoPhillips have all seen their quarterly earnings soar to unprecedented heights as the prospect of Iranian crude being taken off the market sends prices skyrocketing.