Dossier
petroleum shipments
Coverage of petroleum shipments in the Nexus archive.
- Major oil companies reap massive profits as U.S. and Iran fighting drives energy prices higher
Major oil companies in the U.S. earned significant profits as tensions between the U.S. and Iran disrupted petroleum shipments, leading to higher fuel prices and shortages globally.
- Oil companies are expected to reap big profits because of US-Iran conflict
Analysts expect major oil companies to report large profits as the U.S.-Iran conflict disrupts petroleum shipments. The conflict between the two nations is impeding the movement of oil.