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Climate-disasters-reach-nightmare-level

8 oil companies make $93bn profit in 3 months amid Iran war, heatwaves
8 oil companies make $93bn profit in 3 months amid Iran war, heatwaves
Amid rising fuel prices due to the Iran war and deadly heatwaves driven by the climate crisis caused by fossil fuel emissions, eight of the world's largest oil companies have made over $90 billion in profit in just three months.This has reignited calls for oil and gas companies like Saudi Aramco and BP to take responsibility for environmental damage and to fund a rapid transition to renewable energy.An analysis shows that in the three months ending in June, the eight companies—Aramco, BP, Shell,...
Global Economy•05 August 2026