Major oil companies reap massive profits as US and Iran fighting drives energy prices higher

https://www.nationalobserver.com/2026/07/31/news/major-oil-companies-reap-massive-profits-us-iran-fighting-drives-energy-prices

32 points · 3 comments · view on lemmy.world

3 Comments

Aceofspades@lemmy.ca · 5 pts · 3d (1 reply)

War has always been good for business.

Maeve@kbin.earth · 5 pts · 3d

War is a racket.

lookingforanALFpolycule@lemmy.world · 5 pts · 2d

If they are making massive profits then profits are driving up the energy prices, not the war.