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0 0.000354267310789094 0.00133655394524966 0.00141706924315619 0.00288244766505649 -0.00109500805152971 0.000805152979066023 0.00474702093397746
Stock impact report

How defense contractors and oil companies profit from war on Iran as US gas prices soar [Yahoo! Finance]

Lockheed Martin Corporation (LMT) 
Last lockheed martin corporation earnings: 4/21 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Two weeks into the US-Israel war with Iran , the White House was fielding heavy criticism that the conflict would drive up gas prices and frustrate voters. Donald Trump turned to Truth Social to appease Americans about gas prices, which were slowly climbing toward $4 a gallon. “The United States is the largest Oil Producer in the World, by far, so when oil prices go up, we make a lot of money,” he wrote Now five weeks into the war, as Americans struggle with soaring gas prices and the threat of higher inflation, it is becoming clearer who is making “a lot of money”: defense contractors and oil companies. The US defense department announced on Wednesday Boeing would join Lockheed Martin to help triple the US production of missile seekers, which boosted the aerospace manufacturers share price. Lockheed Martin, a key defense contractor with the US government, has seen its stock jump 25% since the start of the year. Meanwhile, American-produced oil has shot up in value as Iran co Show less Read more
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