US oil companies profit 116 billion euros from the war in Iran

U.S. oil companies have earned over €116 billion due to rising energy prices from the Iran conflict, while consumers face increased fuel costs. This profit surge, nearly triple that of 2025, contrasts sharply with the economic strain on families, who spent an additional €131 billion on fuel since the conflict began. Experts note that U.S. firms benefit from lower crude prices and stable operations, while global supply disruptions continue. Despite high profits, companies are prioritizing debt reduction and shareholder returns over production expansion. Analysts warn that sustained high prices could hinder global economic growth and increase recession risks.