Iran conflict windfall over three months reignites calls for companies ‘cashing in on human misery’ to pay for environmental damage

Oil and gas giants raked in massive spring profits while fighting between Iran and the US impeded petroleum shipments and consumers around the world paid more for fuel and…

The results come as oil supermajors have reported blowout quarterly profits, benefitting from higher fossil fuel prices amid the Iran war.

Campaigners have accused the company of being ‘price shock profiteers’ during the conflict.

Campaigners have also accused BP of ‘profiteering’ from a ‘climate crisis’

European and Middle Eastern oil firms reported significant profit increases recently. Saudi Aramco saw its net profit climb by forty-four percent year-on-year. American energy…

Six of the world’s biggest oil companies earned $79bn as Brent crude topped $100 a barrel