Big Oil’s Iran War Windfall Is Nearly 3 Times Last Year’s Profits
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More than 50 large U.S. oil and gas companies earned more than $130 billion from April through September 2026. That figure comes from a New York Times analysis published October 30, 2026. The same companies earned less than $47 billion over those six months of 2025. This year’s total is roughly 2.8 times as large as what the same companies earned in the same six months last year.
The
More than 50 large U.S. oil and gas companies earned more than $130 billion from April through September 2026. That figure comes from a New York Times analysis published October 30, 2026. The same companies earned less than $47 billion over those six months of 2025. This year’s total is roughly 2.8 times as large as what the same companies earned in the same six months last year.
The
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