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8 of the biggest oil companies amassed profits of more than $90B in just 3 mos. as the Iran conflict sent energy prices soaring. The windfall war profits have reignited calls for oil & gas supermajors to pay for the environmental damage & fund a rapid transition to renewable energy.
Revealed: major oil firms make $93bn profits amid war and climate crisisIran conflict windfall over three months reignites calls for companies ‘cashing in on human misery’ to pay for environmental damagewww.theguardian.com