Business

Oil Profits Amid Iran Conflict

Updated 2026-08-04 14:25 UTC 1 source Neutral

Oil companies are reporting record profits despite the closure of the Strait of Hormuz due to ongoing tensions with Iran.

Coverage timeline — 1 article
Al Jazeera
Big Oil companies have bagged astronomical profits as the critical Strait of Hormuz remains closed.
2026-08-04 14:04 UTC
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