Iranian missile strikes costing big oil billions in lost revenue

March 22, 2026

Wall Street Journal: Exxon is poised to lose about $5 billion in revenue a year after Iran’s missile strikes damaged Qatar’s natural-gas facilities—and repairs could take as long as five years, based on damage and revenue loss estimates from state-owned QatarEnergy. Exxon booked more than $330 billion in revenue last year…