The conflict in the Middle East has caused oil prices to rise in the second quarter, when the oil giants rose

On 1 August, the United States of America, ExxonMobil and Chevron, published a financial report on 31 July, indicated that, as a result of the high oil prices resulting from the Middle East conflict, the two oil giants had experienced a sharp increase in their profits in the second quarter. The data show that Exxon-Merver earned $14,525 million in the second quarter, significantly higher than the $4,183 million in the first quarter and $7,082 million in the same period last year. ExxonMobil stated that, despite the impact of the Middle East conflict on its upstream operations in the region, after the exclusion of the Middle East region, the company ' s upstream production in the second quarter was the highest in more than 20 years. Chevron's financial report shows that it achieved a profit of $12,072 million in the second quarter, significantly higher than the $2.21 billion in the first quarter and $2.49 billion in the same period last year。