Big Oil’s War-Related Profits Anger Governments
OilPrice.com
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Supermajors are set to report bumper profits for the second quarter thanks to the surge in oil and gas prices, driven higher by the hostilities between the United States, Israel, and Iran.
This is a problem for governments—notably the Trump administration, but politicians in Europe are angry at Big Oil’s good fortune again. Oil prices soared fourfold earlier this year after U. S.
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