{
  "id": 465722,
  "title": "$48 billion profit! 5 global oil majors cash in on oil surge amid Iran war. Where is money flowing?",
  "url": "https://urgent.news/2026/08/10/48-billion-profit-5-global-oil-majors-cash-in-on-oil-surge-amid-iran",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-10T08:06:24.000Z",
  "source": {
    "name": "The Economic Times - Top News",
    "slug": "the-economic-times-top-news",
    "url": "https://economictimes.indiatimes.com/markets/stocks/news/48-billion-profit-5-global-oil-majors-cash-in-on-oil-surge-amid-iran-war-where-is-money-flowing/articleshow/133091563.cms"
  },
  "original_language": "en",
  "account": null,
  "summary": "Five global oil majors — Exxon Mobil, Chevron, BP, Shell and TotalEnergies — posted a combined $48 billion profit in Q2, benefiting from oil prices surging above $100 a barrel amid US-Iran hostilities. Their combined cash generation hit a record $90 billion, surpassing levels seen after Russia’s 2022 invasion of Ukraine. The bumper profits also drew criticism from US President Donald Trump over…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}