Story perspectives

Greenpeace: EU Oil Firms Earn €92.8M Daily in War Profits

4/1/2026

Summary

Story summary

A Greenpeace study released on April 1, 2026, finds the European Union oil companies earned over €92.8 million daily in "war profits" since the US-Israeli war on Iran began.
The report estimates an additional €2.5 billion in profits for March.
Diesel margins rose to €75.3 million daily in excess profits, compared with €6.1 million daily from petrol, highlighting higher fuel-cost disparities.
Greenpeace urges European governments to tax these profits to mitigate rising energy costs.

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Story summary

A Greenpeace study released on April 1, 2026, finds the European Union oil companies earned over €92.8 million daily in "war profits" since the US-Israeli war on Iran began.
The report estimates an additional €2.5 billion in profits for March.
Diesel margins rose to €75.3 million daily in excess profits, compared with €6.1 million daily from petrol, highlighting higher fuel-cost disparities.
Greenpeace urges European governments to tax these profits to mitigate rising energy costs.