Yhn EnvironmentEnvironment first seen 4 d ago, last 46 min ago, peak #3
U.S. Oil Industry Earned Over $130B in Profit During Iran War
Major U.S. oil companies reportedly earned more than $130 billion in profits during the Iran war, according to reporting by the New York Times covering firms including Exxon and Chevron. The figures have drawn attention to windfall earnings during the conflict and renewed debate over whether energy companies profited from wartime price spikes.
Why now: The wartime profit figures are fueling criticism of oil companies and renewed calls for windfall taxes or investigations.
ExxonChevronNew York TimesU.S. oil industryIran
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- U.S. Oil Industry Earned over $130B in Profit During Iran War · ceejayoz · 43
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