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The bumper result comes as energy majors receive a profit boost from soaring fossil fuel prices amid the Iran war.

Oil rose sharply amid renewed tensions in the Middle East after Iran launched an attack on U.S. forces using ballistic missiles.

Centcom in a post on X said that attack originated from Iran, but all missiles were intercepted.

The reserve has an authorized storage capacity of 714 million barrels, according to the Department of Energy.

Talks over the Strait of Hormuz continue as Iran's foreign ministry discussed the strategically vital maritime passage with Saudi and Omani counterparts.

Speaking to reporters aboard Air Force One on Monday en route to Michigan, Trump dismissed suggestions that the U.S. was running short on weapons.

President Donald Trump said Monday the U.S. has sold more than $13 billion of Venezuelan oil since taking control of the South American nation's energy exports.

In a rare occurrence, Modi's government was forced to concede demands of Gen Z protesters, underscoring their rising influence in the country's polity.

Oil prices fell after Iran reportedly said it would suspend attacks as long as a U.S. pause in hostilities remains in place.

The latest attacks by Ukraine, combined with Saudi military strikes on Iran-backed Houthi targets in Yemen, represent a widening of the Middle East conflict.