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Trump says oil supermajors are making too much money. What will they do with it?

The windfall is fueling fresh political and environmental backlash, with Trump accusing Exxon Mobil and Chevron of making “too much money.”

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Trump says oil supermajors are making too much money. What will they do with it?

Oil supermajors posted Q2 record $48B profits and $90B cash from Iran tensions, but capex flatlined. Despite windfall tax pressure and political scrutiny, majors stockpile cash and cut debt instead of investing—signaling price-sustainability doubts.

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venerdì 7 agosto 2026·theguardian.com
Trump faces calls for windfall tax on big oil’s profits from Iran war
US president’s complaint industry ‘making too much money’ comes after his policies boosted corporations
sabato 8 agosto 2026·financialpost.com
Trump says oil companies made 'too much money'
Donald Trump says Exxon and Chevron made “too much money” after higher crude prices lifted oil profits. FP Video explains why. Watch now

Trump says oil supermajors are making too much money. What will they do with it?

Confronto fonti

Trump says oil supermajors are making too much money. What will they do with it?

Timeline cronologica

Trump faces calls for windfall tax on big oil’s profits from Iran war

Trump says oil companies made 'too much money'

Trump says oil companies made 'too much money'

As oil profits skyrocket, calls for windfall taxes rise - UPI.com

Trump faces calls for windfall tax on big oil’s profits from Iran war

They're making record profits, but oil companies still won't 'drill, baby, drill'

Trump says oil supermajors are making too much money. What will they do with it?

They're making record profits, but oil companies still won't 'drill, baby, drill'

As oil profits skyrocket, calls for windfall taxes rise - UPI.com