“While Americans suffer from high prices and the Iran war imposes tens of billions of dollars of new costs on the American public, the oil industry wins big.” Chevron on Friday announced $12 billion in profits for the second quarter—its highest quarterly profit in six years—while Exxon posted $14.5 billion. Exxon touted its “industry-leading shareholder distributions,” which “totaled $9.4 billion, including $4.3 billion of dividends and $5.1 billion of share repurchases.” Reuters noted that the two companies’ results “mirrored those of European oil majors TotalEnergies and Shell, which also posted banner second-quarter profits buoyed by higher oil prices.” When it comes to families facing increasing prices in the context of the Iran war, he said: ‘I don’t think about Americans’ financial situation.’”