---
title: "War with Iran \"Enriches\" US Oil Companies: Over $130 Billion in Six Months"
description: "American oil and gas companies earned over $130 billion during six months of war with Iran—almost triple the amount from the previous year. US households spent an additional $147 billion on fuel."
date: 2026-10-30T19:36:16.142Z
lang: en
url: https://xab.info/en/posts/war-with-iran-us-oil-companies-profit
tags: [iran-war, us-oil-companies, oil-prices, brent, strait-of-hormuz]
author: "Andrey Kosynko"
publisher: "XAB.info"
---

# War with Iran "Enriches" US Oil Companies: Over $130 Billion in Six Months

![Oil tanker sailing in the sea during a golden sunset](https://xab.info/media/2026/10/30/voyna-s-iranom-pribyl-nejftevyh-kompanij-ssha/voyna-s-iranom-pribyl-nejftevyh-kompanij-ssha-1.webp)

## Key Points

- More than 50 major US oil and gas companies earned over $130 billion during the April–September period of the war with Iran
- This is nearly three times more than in the same period of 2025 (less than $47 billion)
- The estimate excludes March and October
- American households spent an extra $147 billion on fuel—over $1,100 per family
- On October 30, Brent crude reached a five-month high amid a tanker attack in the Strait of Hormuz and Houthi strikes

The war with Iran has become one of the most profitable periods for American oil companies. According to estimates by The New York Times, cited by RBC-Ukraine, more than 50 major US oil and gas enterprises—primarily producers and refineries—generated over $130 billion during the six months of the conflict. These figures significantly exceed the results of the same period a year earlier, creating a sharp contrast between corporate revenues and the expenses of ordinary consumers.

### Almost Three Times More Than in 2025

The $130 billion figure is nearly three times higher than the profits of US oil production and refining companies for the same period in 2025. At that time, according to the publication, companies earned a total of less than $47 billion. That period was characterized by lower oil prices and businesses attempting to overcome the initial consequences of US President Donald Trump's trade war.

### Scope of Estimates

It is important to note that this estimate covers a six-month period—from April through September—and does not include revenues generated in March, the first month of the war, or in October. Consequently, the final total for the entire duration of the conflict could be higher, although The New York Times calculation excludes these months.

### The Cost for American Households

While corporations boosted their profits, American consumers bore additional expenses. According to an analysis by the Climate Solutions Laboratory at Brown University, since the strikes on Iran began on February 28, US residents have spent an extra $147 billion on gasoline and diesel fuel. Calculated per household, this amounts to more than $1,100.

### Oil Market: Fourth Consecutive Month of Growth

On October 30, oil prices rose again, marking what is expected to be the fourth consecutive month of growth following an attack on a tanker in the Strait of Hormuz, which highlighted supply risks. Amid Houthi attacks on facilities in Saudi Arabia and reports of strikes on vessels in the Persian Gulf, Brent crude quotes reached a five-month high.

## Fact-Check & Sources

- [Война с Ираном "озолотила" и нефтяных гигантов США](https://www.rbc.ua/ukr/news/viyna-iranom-ozolotila-i-naftovih-gigantiv-1793388000.html) - Primary source: RBC-Ukraine citing The New York Times and analysis by the Climate Solutions Laboratory at Brown University. All figures ($130B, $47B, $147B, $1,100, dates February 28 and October 30, Brent) are taken strictly from the base text. The estimate is analytical in nature and covers April–September.

## FAQ

### How much did American oil companies earn during the war with Iran?

According to The New York Times, over 50 major US oil and gas companies earned more than $130 billion over six months—from April to September.

### Does the estimate include March and October?

No. The calculation covers only April through September and does not account for revenues in March (the first month of the war) and October.

### How much extra did American households spend on fuel?

According to Brown University analysis, since February 28, US households have spent an additional $147 billion on gasoline and diesel—over $1,100 per family.

### What happened to oil prices on October 30?

Prices rose again, expecting a fourth consecutive month of growth after a tanker attack in the Strait of Hormuz; Brent reached a five-month high.