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fromwww.theguardian.com
5 days ago

Climate campaigners attack Shell over windfall' profits from Iran war

Shell's chief executive, Wael Sawan, said the company's profits were gained through its relentless focus on operational performance in a quarter marked by unprecedented disruption in global energy markets. The disruption to oil and gas flows through the strait of Hormuz caused the international crude price to climb from about $61 a barrel in January to highs of $119 at the end of March.
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World politics
fromwww.theguardian.com
3 weeks ago

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

Top oil and gas companies earned over $30 million per hour in unearned profits during the first month of the US-Israeli war in Iran.
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