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Exxon Warns Of $6.5 Billion Hit From Iran War As Q1 Earnings Set To Print Slightly Below Consensus

Exxon Warns Of $6.5 Billion Hit From Iran War As Q1 Earnings Set To Print Slightly Below Consensus In an early clue how the Iran war will impact energy earnings, ExxonMobil warned of a $6.5bn hit to Q1 earnings from the Iran war but said the bulk of this was the result of unfavorable timing for its accounting of hedging contracts, which would be offset as underlying transactions were eventually completed. The US supermajor also said that global oil and gas production would be 6% lower in the first three months...
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Apr 17, 2026 / Tyler Durden
"Depraved Evil": Gay Couple Mocks Baby's Cry For 'Mama' In Viral Surrogacy Video
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Aug 6, 2026 / Tyler Durden
"Threat Against American Interests": US Halts Michoacán Avocado Inspections, Putting Critical Supplies At Risk
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Jun 6, 2026 / Tyler Durden
Goldman's World Cup Winner Prediction Is ...
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