ExxonMobil and Chevron reported a surge in second-quarter profits on Friday, driven by rising oil prices attributed to the Iran war. Chevron's net income soared to $12 billion, a nearly 400% increase year-over-year, while ExxonMobil posted profits of $14.5 billion, doubling compared to the same period last year. U.S. crude oil futures averaged $92.45 per barrel from April through June, marking a 27% increase over the previous quarter. Chevron's U.S. production reached a record 2 million barrels per day, with global production up 20% to 4 million bpd, as exports surged due to supply disruptions in the Middle East.