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strikeAug 12, 2026

Top U.S. refiners see profits soar, step up investor rewards | Honolulu Star-Advertiser

Summary

Top U.S. refiners see profits soar, step up investor rewards NEW YORK >> Top U.S. fuel makers boosted returns to shareholders in the second quarter as prolonged disruptions to crude supplies through the Strait of Hormuz sent fuel prices and refining margins surging.

Source: Reuters — Read the full report

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  • ReutersBy Reuters

    Top U.S. refiners see profits soar, step up investor rewards NEW YORK >> Top U.S. fuel makers boosted returns to shareholders in the second quarter as prolonged disruptions to crude supplies through the Strait of Hormuz sent fuel prices and refining margins surging. Industry anal…

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strikeUnverifiedUSIran
○ 1 source

President Trump told reporters on Friday that the U.S. military carried out limited strikes on targets in Iran, including an anti-aircraft device. These actions followed reports of explosions on Qeshm Island, Hengam Island, and the mainland area of Bandar Abbas.

The strikes mark the first U.S. military action since the midterm elections.

Location: Iran