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International Business Times
International Business Times

Oil Companies See Record Profits In Q2. Exxon Mobil And Chevron Are Among Those Benefiting From Iran War

(Credit: Mario Tama/Getty Images)

U.S. oil and gas companies have seen profits soar in the second quarter, largely a result of disruptions related to the Iran war.

Exxon Mobil saw its second-quarter profits jump 105 percent to $14.53 billion, the Associated Press reported. Total revenue for the company rose 42 percent to $116.02 billion.

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