
Big Oil and Gas executives have been mercilessly cashing in on the Iran War and closure of the Strait of Hormuz. The resulting severe shock to the world’s energy market – largely dependent on fossil fuels – has delivered a historic level of profit to these war profiteers, as oil prices have shot up. In the first month of the war alone, the top 100 oil and gas companies raked in an additional $30 million per hour, on top of their usual profits.
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