When was this published?

This article was first published on July 31, 2026 by Houston Public Media and curated for The Woodlands readers.

Who reported this story?

This story was reported by Cathy Bussewitz, AP Business Writer at Houston Public Media.

Where can I find related coverage?

See more local coverage from The Woodlands, or browse our daily briefing and topic hubs.

Houston-based oil companies reap massive profits as U.S. and Iran fighting drives energy prices higher

Summary by The Woodlands Editorial Desk · Byline on the source page: Cathy Bussewitz, AP Business Writer, as published by Houston Public Media · July 31, 2026 · 1 min read

Photo: Houston Public Media · view original

Houston-based oil companies have seen significant increases in profits due to rising energy prices. This surge is attributed to the conflict between the US and Iran. Exxon Mobil and Chevron have reported substantial gains in their second-quarter profits.

07 billion. Further information on these profits and the factors contributing to the increase in energy prices can be found through Houston Public Media, the source of this report.

Why this matters

Local news anchors readers in their community — the people, places, and decisions that shape day-to-day life. The Woodlands covers these stories because national outlets often will not.

About this story

As published by Houston Public Media. The Woodlands surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page.

For the complete original report, visit Houston Public Media. Have a tip or correction? Contact our newsroom.

Category: local · Published: July 31, 2026 · Source: Houston Public Media · Reading time: 1 min

This preview is provided by The Woodlands News. Full article available at .

Summary created by	The Woodlands Editorial Desk — automated, rule-governed
Byline on source page	Cathy Bussewitz, AP Business Writer, as published by Houston Public Media
Original story	Read at the source
Source published	Jul 31, 2026
AI assistance	Automated summary drawn from the source’s own published text
Prepublication human review	No — editorial rules, flagged-item review, and published samples

Houston-based oil companies reap massive profits as U.S. and Iran fighting drives energy prices higher

More stories

Funeral held for Staff Sgt. Angel Rampersad, Queens soldier killed in Iranian missile attack in Jordan

Husband of missing North Carolina woman in Grenada says he believes 'no foul play' involved

Celebrate Spider-Man: Brand New Day with exciting new toys and gear

Tony Romo put on leave at CBS Sports following arrest

Houston police call for possible victims of alleged serial rapist to come forward after new arrest

Trump takes his Cabinet to Camp David, a secluded retreat with a history of high-stakes talks | LIVE

Ceuta border news: Spain territory sees influx of migrants after breach at border with Morocco, at least 41 dead as thousands move

Some schools installing pepper-spraying drones to help stop active school shooters

Retro refrigerator recalled over short circuit risk led to one death and dozens of fires

Big new power lines could prevent blackouts in Texas, but landowner opposition is fierce

Body cameras will start being shipped to ICE offices next week, Maine Sen. Susan Collins says

Dr. Anthony Fauci could face criminal prosecution after refusing to answer questions at Senate hearing

Get the briefing.