U.S. President Donald Trump delivers remarks during a meeting with Finland President Alexander Stubb in the Oval Office at the the White House White House on October 09, 2025 in Washington, DC.
JOHANNESBURG - US oil giants could soon find themselves at odds with President Donald Trump.
Exxon Mobil and Chevron are expected to report second-quarter profits that are more than three times higher than the previous quarter.
The increase follows a sharp rise in oil prices after the US-Iran war disrupted global supplies.
The stronger earnings come as Trump continues to urge oil companies to help bring down fuel prices ahead of the US midterm elections in November.