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@TheBadPlace@mastodon.ozioso.online · 3d ago
PBS NewsHour - The Latest | Profit for the biggest U.S. oil companies declined in 1st quarter – but only on paper by Michelle Chapman, Associated Press AI generated summary, Read the full article for complete information. Profit for the two largest U.S. oil companies fell on paper in the first quarter because hedging contracts back‑fired after the U.S. and Israel struck Iran, effectively shutting the Strait of Hormuz and preventing physical oil deliveries; nonetheless, both Exxon Mobil and Chevron posted adjusted earnings that beat Wall Street forecasts, with Exxon reporting $4.18 billion in profit (adjusted to $1.16 per share) and $85.14 billion in revenue, and Chevron earning $2.21 billion (adjusted to $1.41 per share) on $48.61 billion in revenue. The apparent drop reflects one‑time “unfavorable timing effects” of the hedges, not an underlying loss of profitability. The results arrived as U.S. gasoline prices surged to multi‑year highs, pushing inflation and straining households and businesses dependent on fuel. Read more: https://www.pbs.org/newshour/economy/profit-for-the-biggest-u-s-oil-companies-declined-in-1st-quarter-but-only-on-paper #ExxonMobil #Chevron #Iran #HormuzStrait #MiddleEast
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Boosted by Kevin Karhan @kkarhan@jorts.horse
@faab64@todon.eu · Apr 22, 2026
The Financial Times reports that at least 34 tankers with links to Iran have bypassed the US naval blockade according to the cargo tracking group Vortexa, including several vessels carrying Iranian oil. #iran #USblockade #HormuzStrait #StraiOfHormuz #USnavy #USpol
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@faab64@todon.eu · Apr 21, 2026
French President: We are bringing together 49 countries to reopen Hormuz, I think it is better when we involve everyone The bastard couldn't even stop selling weapons to Israel to stop the genocide, but now is the front for a 49 nations crusade to open the strait of Hormuz. I'm sure it will be successful. Just look how great it's going for US right now. #France #Hypocrisy #Macron #HormuzStrait #StraitOfHurmoz
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@ItalianNews@mastodon.ozioso.online · Mar 04, 2026
Adnkronos - ultimoratop: Stretto di Hormuz chiuso, non solo gas e petrolio ma anche un altro rischio: la crisi dell'alluminio (Adnkronos) - I prezzi sono saliti del 3,8% a 3.315 dollari per tonnellata dopo che QatarEnergy ha interrotto la produzione di Gnl. L'allarme della Face, Federation of Aluminium Consumers in Europe Hormuz Strait closed, not just gas and oil but also another risk: the aluminum crisis. (Adnkronos) - Prices have risen by 3.8% to $3,315 per tonne after QatarEnergy suspended gas production. The warning of the Face, Federation of Aluminium Consumers in Europe. #HormuzStrait #QatarEnergy #Europe https://www.adnkronos.com/internazionale/esteri/stretto-di-hormuz-chiuso-non-solo-gas-e-petrolio-ma-anche-un-altro-rischio-la-crisi-dellalluminio_6AWeY3aCkdQxdXrygCdyjS
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@ItalianNews@mastodon.ozioso.online · Mar 02, 2026
RaiNews: Stretto di Hormuz, navi ferme e rotte deviate: la videografica I dati di tracciamento evidenziano concentrazioni di petroliere e cargo. La via d’acqua è snodo chiave per petrolio e gas a livello globale Hormuz Strait, ships stalled and altered routes: the visual evidence. Tracking data highlights concentrations of oil tankers and cargo ships. The waterway is a key hub for oil and gas globally. #HormuzStrait https://www.rainews.it/video/2026/03/stretto-di-hormuz-navi-ferme-e-rotte-deviate-la-videografica-e4b1d379-85b9-4347-8700-4435e7978e2d.html
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