# NYT: US oil companies earned more than $130 billion during the war with Iran

- URL: https://syn.by/en/state/finance/nyt-us-oil-companies-earned-more/
- Published: 2026-11-01T08:58:52+00:00
- Updated: 2026-11-01T08:58:52+00:00
- Section: Finance
- Language: en
- RU edition: https://syn.by/ru/gosudarstvo/finansy-ru/nyt-amyerikanskiye-nyeftyanyye-kompanii-zarabotali-bolyeye.md
- BE edition: https://syn.by/dziarzhava/finansy/nyt-amerykanskija-naftavyja-kampanii-zarabili-bolsh.md

> By The New York Times' calculations, profit is almost three times higher than a year ago. ExxonMobil announced net profit of $15.41 billion for the third quarter.

![](https://syn.by/wp-content/uploads/2026/11/illustration-5893-1024x585.webp)

US oil companies earned more than $130 billion in profit during the war with Iran, The New York Times wrote on 30 October. According to the newspaper, this covers the results of more than 50 companies in the industry.

The newspaper compares the period from April to September 2026 with the same period last year, when profit was less than $47 billion. The sector's total income almost tripled: US oil production and refining companies earned noticeably less over the same period in 2025.

The main driver of the growth was a sharp jump in world oil prices caused by prolonged fighting in the region. On 30 October oil rose in price again and, as [Reuters](https://www.reuters.com/business/energy/oil-rises-supply-concerns-houthis-attack-saudi-arabia-2026-10-30/) reports, a fourth consecutive month of gains is expected: an attack on a tanker in the Strait of Hormuz again showed the risks to supply.

On the same day, ExxonMobil reported net profit of $15.41 billion for the third quarter. A year earlier the figure was about $7.5 billion, so the result more than doubled. Cash flow from operating activities came to $25.7 billion.

According to the company's reporting, its energy products divisions brought in about $7.17 billion in quarterly profit.

The New York Times writes that company profits grew while consumers pay significantly more for gasoline, diesel and other types of fuel. According to The Moscow Times, over the eight months of the war Americans spent almost $148 billion more on gasoline and diesel.