Yhn EnvironmentEnvironment first seen 4 d ago, last 45 min ago, peak #3
U.S. Oil Industry Earned Over $130B in Profit During Iran War
The New York Times reports that major U.S. oil companies, including Exxon and Chevron, earned more than $130 billion in profits during the Iran war, as conflict disrupted supply and pushed up prices. Critics point to the figures as evidence of windfall gains amid a global crisis, reigniting debate over possible windfall taxes and scrutiny of energy company earnings during wartime.
Why now: War-driven price spikes and record energy profits are fueling public anger and renewed calls for windfall taxes.
ExxonChevronNew York TimesIranUnited States
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- U.S. Oil Industry Earned over $130B in Profit During Iran War · ceejayoz · 43
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