CNBC Report: Exxon and Chevron profits surge on rising oil prices due to Iran war

COLUMBUS, OHIO — As gas prices soar across Ohio thanks to the Husted-backed Iran war, oil giants like Chevron and Exxon are raking in massive profits. While Ohioans pay more at the pump, Jon Husted is taking the maximum legal contributions from both companies’ corporate PACs.

Husted has now voted thirteen times to support the expensive and unnecessary war that is helping Big Oil pad its profits while regular Ohioans get screwed. Meanwhile, gas prices in Ohio have surged again, and national prices have reached an average of $4 a gallon after continued attacks in Iran. 

Ohio Democratic Party Senior Communications Advisor Tony Wen released the following statement:

“As Jon Husted votes time and time again to continue the war in Iran, massive oil companies are making billions in profit while Ohio families get crushed by skyrocketing gas prices. Husted has taken maximum contributions from both Chevron and Exxon corporate PACS, and Ohioans deserve to know why he keeps siding with his billionaire donors instead of fighting to lower costs at home.” 

Read more about how Jon Husted keeps siding with Big Oil over regular Ohioans:

• Jon Husted has now voted thirteen times in support of the Iran War that is sending gas prices soaring.

• For the second quarter of 2026, Chevron’s profits soared to $12 billion, a nearly 400% increase from last year, while Exxon’s profits were $14.5 billion, more than doubling from the same quarter last year.

• Husted took $14,000 from ExxonMobil for his campaigns, including a maximum donation since launching his Senate campaign.

• Husted took a maximum contribution of $10,000 from Chevron Employees PAC since launching his Senate campaign.

• Husted claimed just last month that the military operation “went very well” while admitting the war he supported “has put a strain on Americans.”

• When asked recently if he was okay with not knowing how long the war will last or how much taxpayer dollars will be spent, Husted replied, “it’s not really up to us.”

• When asked what he was doing to address rising gas prices for his constituents, Husted responded: “What do you want me to do?” 

• Jon Husted continues to insult struggling Ohioans as “not very experienced at navigating the real world” and consistently dismisses the mounting affordability crisis by telling Ohioans to fix their “work ethic” and to simply “earn more” money to make ends meet.

###

The post BREAKING: Jon Husted Took Maximum Donations From Big Oil Companies Profiting Off Iran War appeared first on Ohio Democrats.