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The Nexus
BUSINESSJun 14 · 09:00 UTCFORTUNEJordan Blum

Pump pain, Wall Street gain: Iran war sends U.S. oil profits, stocks soaring as the big winners

The Iran war has boosted U.S. oil producers and refiners, with stock prices rising 20%-70% this year due to higher crude prices and demand. Analysts suggest elevated prices may persist through 2027-2028, driven by global reserve rebuilding and geopolitical shifts. Companies like Chevron, Exxon Mobil, and U.S. shale producers have seen significant gains.

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