American oil companies have increased their revenues by more than $130 billion during the six-month conflict with Iran, and their total profits have nearly tripled compared to the same period the previous year, the New York Times reports. The growth in income was also due to the increase in global oil prices against the background of rising tensions in the Middle East.

American oil companies have increased their revenues by more than $130 billion during the six-month conflict with Iran, and their total profits have nearly tripled compared to the same period the previous year, the New York Times reports. The growth in income was also due to the increase in global oil prices against the background of rising tensions in the Middle East.