Iran War Erodes Exxon, Chevron Profits Even as Oil Prices Soar

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Bloomberg Markets 1 day ago • bloomberg.com

Iran War Erodes Exxon, Chevron Profits Even as Oil Prices Soar

The surge in oil and natural gas prices from the Iran war might seem like good news for the world’s biggest energy companies, but disruptions to production in the region, shipping blockades and hedging losses make the re…

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