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Patrick Galey

Coverage of Patrick Galey in the Nexus archive.

Earliest in view: Jul 31 · 10:49 UTCMost recent: Jul 31 · 10:49 UTC
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  • BUSINESSJul 31 · 10:49 UTCWTOP DC
    Major oil companies reap massive profits as US and Iran fighting drives energy prices higher

    American oil companies Exxon Mobil and Chevron reported significant profit increases during the spring as U.S.-Iran tensions disrupted oil shipments and global fuel prices surged. The conflict, which blocked shipping through the Strait of Hormuz, drove Brent crude prices above $100 a barrel, leading to higher revenues for major oil producers.

Patrick Galey · Dossier · The Nexus