Article #2487

The Guardian - World News

The Guardian - World News

Title How big oil is cashing in on Iran war - The Latest Source The Guardian - World News
Description

The world’s top 100 oil and gas companies made more than $30m every hour in unearned profit in the first month of the US-Israeli war in Iran, according to exclusive analysis for the Guardian.

The conflict pushed the price of oil to an average of $100 a barrel in March, leading to estimated windfall war profits for the month of $23bn for the companies.

Lucy Hough speaks to Damian Carrington, the Guardian’s environment editor

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Link https://www.theguardian.com/news/video/2026/apr/15/how-big-oil-is-cashing-in-on-iran-war-the-latest Published At 2026-04-15 11:37:15 (3 months ago)
Created At 2026-04-15 11:54:22 Updated At 2026-04-15 12:44:19