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The U.S.-Israel war with Iran means higher profits for Texas oil companies and higher costs for its consumers, according to Texas experts who are tracking suddenly-volatile energy markets.

Texas oil companies stand to profit from Iran war disruptions while consumers face higher gas prices

| March 11, 2026

Texas’ status as the nation’s largest oil producer will partially insulate its residents from some gas price hikes, but it’s not immune to disruptions, experts say.