The Nation

Oil Companies Report Another Quarter of High Profits as Iran War Lifts Prices

NPR reported that oil companies are posting another quarter of high profits as the war in Iran pushes up the price of oil and prices at the pump.

The American Intelligencer standing plate
From the pages of The American Intelligencer.

NPR reported that oil companies are reporting "sky-high profits" for another quarter, as the war in Iran pushes up the price of oil and prices at the pump. The report, written by Willa Rubin, is NPR's report on oil company profits.

According to NPR's summary, the profits are being reported in the context of the war, which the summary links to higher prices. The summary does not name the companies involved, does not give profit totals, and does not describe the war beyond its effect on prices.

Billboard separately reported the results of publicly traded companies for the quarter ending Sept. 30, a roundup that runs from Spotify to Universal Music Group and more. Its piece, written by Elizabeth Dilts Marshall, is Billboard's Q3 Music Earnings Roundup, which its title describes as being updated.

The two reports cover different industries, oil and music, and Billboard's summary does not include earnings figures for individual companies. Neither summary gives a figure that can be compared across the two reports, so this story does not draw a comparison between them.

This story is based only on the titles and summaries of the two reports, not on their full text. Billboard's roundup carries a publication date of Oct. 30, 2026, and NPR's report carries a date of Oct. 31, 2026, according to the dates listed for each source.

Sources: Billboard: Q3 Music Earnings Roundup: Here’s What Every Company Made (Updating); NPR: Oil company earnings skyrocket - again.