US oil industry profits triple to $130B during Iran war period

US oil producers and refiners earned over $130 billion in profit during the Iran war, nearly three times their earnings in the same period of 2025. The surge reflects higher crude prices and refining margins amid conflict-driven supply disruption. The figure underscores the sector's windfall from geopolitical instability, though the exact breakdown by segment and the war's duration remain unspecified.

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