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  3. The world’s top 100 oil & gas companies banked more than $30 million an hour in unearned profit in the first month of the US-Israeli war on Iran.

The world’s top 100 oil & gas companies banked more than $30 million an hour in unearned profit in the first month of the US-Israeli war on Iran.

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climatecrisiscanadacdnpoliirancostoflivingcri
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  • atomicker@mstdn.caA This user is from outside of this forum
    atomicker@mstdn.caA This user is from outside of this forum
    atomicker@mstdn.ca
    wrote last edited by
    #1

    The world’s top 100 oil & gas companies banked more than $30 million an hour in unearned profit in the first month of the US-Israeli war on Iran.

    With oil at $100/barrel, they stand to make an additional $234 billion in excess profits by the end of the year:

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    $30m an hour: big oil reaping huge war windfall from consumers, analysis finds

    Exclusive: Climate action blockers including Saudi Arabia, Russia and major fossil fuel firms set to make extra $234bn by end of 2026

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    the Guardian (www.theguardian.com)

    #Canada #CDNPoli #ClimateCrisis #CostOfLivingCrisis #Iran #IranWar #Warflation

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