World's Top Oil Companies To Rake In Extra $234 Billion In War Profits
An analysis by The Guardian has revealed that the world's largest Oil & Gas companies, as well as major oil producers such as Saudi Arabia and Russia, will make an extra $234 billion in windfall profits by the end of the year if oil prices continue to average $100 per barrel. According to the exclusive report, based on Rystad Energy data, the world's top 100 oil and gas companies recorded more than $30 million per hour in paper profits in the first month of the U.S-Israeli war in Iran that began in late February. Oil markets remained steady…