Major #oil companies reap massive #profits as #US & #Iran #war drives #energy prices higher
US oil & #gas giants raked in massive spring profits while fighting between Iran & the US impeded #petroleum shipments & consumers around the world paid more for fuel & confronted shortages.
#BigOil #WarProfiteering #FossilFuels #ClimateChange #ClimateCrisis #TrumpsWar #IranWar #Trump #law #Congress #WarPowers #economy #inflation #affordability #CostOfLiving #EnergyCrisis
https://apnews.com/article/oil-companies-profits-exxon-chevron-9375fbf8f6f40426f7428e07d54000c7
The money that #oil companies accrued between the beginning of April & the end of June could receive extra scrutiny this year. #Gasoline, #diesel & #JetFuel prices climbed sharply during that period, increasing costs for drivers & airline passengers. Supplies ran low in some countries, leading to sporadic #fuel #rationing in Australia & government office closures in Nepal & Sri Lanka.
#BigOil #WarProfiteering #ClimateChange #TrumpsWar #IranWar #US #Iran #Trump #economy #affordability #energy