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Oil Giants Rake in $30 Million Hourly Amid War

4/15/2026

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Story summary
  • In April 2026, profits for major oil and gas companies rose to more than $30 million per hour amid the ongoing US-Israeli war in Iran.
  • Saudi Aramco, ExxonMobil, and Gazprom are among the top beneficiaries.
  • Profits could reach $234 billion by year-end if oil stays at $100 per barrel.
  • The UK government is pushing for clean energy solutions to protect consumers during this crisis.