With Canadian oil majors posting blockbuster war-fuelled profits, it's time for an excess profits tax, Jim Stanford writes.
There’s nothing like a good war to fill the coffers of the oil industry.
There have been 14 global oil price shocks over the last half-century, most due to wars and other geopolitical conflagrations: the 1973 Arab-Israeli war, the 1979 Iranian revolution, the 9/11 terrorist attacks, the 2022 invasion of Ukraine.
$48 billion profit! 5 global oil majors cash in on oil surge amid Iran war. Where is money flowing?
Oil profits boom on ‘war bonus’ as Trump blasts energy giants for ‘making too much money’ - business live
5 global oil giants post $48B profit amid US-Iran war
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Blowout earnings as energy majors profit from Iran war oil surge
They're making record profits, but oil companies still won't 'drill, baby, drill'
Big Oil profits surge as Iran war keeps energy prices elevated
The U.S. aims to fill gaps in global oil and gas demand from the Iran war, but big worldwide shortfalls mean big profits.
Five global oil majors — Exxon Mobil, Chevron, BP, Shell and TotalEnergies — posted a combined $48 billion profit in Q2,…
Shell’s $6.9bn in profits since the start of the Iran war have reignited calls for a windfall tax. Lucy Hough speaks to the…
Higher oil prices since the Iran war began mean many oil companies have brought in excess profits. Some U.S. lawmakers want to…
Energy supply shock from US-Israeli attack on Iran fuels record valuations for Shell, ExxonMobil and Chevron
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