Exxon and Chevron quarterly earnings fall despite soaring oil prices
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<p>US oil giants report big drops in profits due to Iran war disruptions but are expected to eventually reap benefits</p><p><a href="https://www.theguardian.com/business/exxonmobil">Exxon Mobil</a> and <a href="https://www.theguardian.com/business/chevron">Chevron</a> reported drops in profit in their first quarter despite surging oil prices, a result of stalled deliveries and supply disruptions in the Middle East.</p><p>Exxon’s quarterly ear
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<p>US oil giants report big drops in profits due to Iran war disruptions but are expected to eventually reap benefits</p><p><a href="https://www.theguardian.com/business/exxonmobil">Exxon Mobil</a> and <a href="https://www.theguardian.com/business/chevron">Chevron</a> reported drops in profit in their first quarter despite surging oil prices, a result of stalled deliveries and supply disruptions in the Middle East.</p><p>Exxon’s quarterly ear
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