Huge profits of American oil companies If you think that the developments in the Middle East resulted in losses for the companies active in the field of oil and its products in America, you should know that the profit of these companies in the first six months of the war (March to August) was more than 130 billion dollars, which is three times the corresponding period of the previous year. The increase in the prices of oil and its products hurt American consumers, but not to a great extent, and new data from the American economy show that the growth rate of the economy was higher than expected in the third quarter. Defense companies and companies in dozens of other sectors of the American economy benefited greatly from this war. In fact, oil exporters, including Russia and Saudi Arabia, are also benefiting from the increase in prices.

Huge profits of American oil companies If you think that the developments in the Middle East resulted in losses for the companies active in the field of oil and its products in America, you should know that the profit of these companies in the first six months of the war (March to August) was more than 130 billion dollars, which is three times the corresponding period of the previous year. The increase in the prices of oil and its products hurt American consumers, but not to a great extent, and new data from the American economy show that the growth rate of the economy was higher than expected in the third quarter. Defense companies and companies in dozens of other sectors of the American economy benefited greatly from this war. In fact, oil exporters, including Russia and Saudi Arabia, are also benefiting from the increase in prices.