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Deep & Emerging Tech·July 31, 2026·1 min read

Here’s how Big Oil cashed in on the historic supply crunch

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Quadrupled combined profits for ExxonMobil and Chevron during a wartime supply crunch is a reminder that geopolitical shocks still dominate energy input costs. If your AI or data infra roadmap assumes cheap, stable power, run the scenario where that assumption breaks for 12–24 months.