#profits

4 posts · Last used Sep 18

Criticise my theory: #Iran, #Venezuela, the #USA & #Geopolitics So much of the world's chaos makes more sense when you step back from the day-to-day words and actions of politicians and look at the broader trends. As #fracking nears its end, Venezuelan #oil will replace it as the fuel for both the US #economy and petrocorp #profits. Venezuelan oil is only profitable with higher oil prices, so the Straits of Hormuz stay closed.
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Major #oil companies reap massive #profits as #US & #Iran #war drives #energy prices higher US oil & #gas giants raked in massive spring profits while fighting between Iran & the US impeded #petroleum shipments & consumers around the world paid more for fuel & confronted shortages. #BigOil #WarProfiteering #FossilFuels #ClimateChange #ClimateCrisis #TrumpsWar #IranWar #Trump #law #Congress #WarPowers #economy #inflation #affordability #CostOfLiving #EnergyCrisis
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https://www.theguardian.com/world/2026/jul/23/trump-says-he-is-close-to-decision-on-largest-yet-attack-on-iran The ordinary people of #Iran go on suffering, #international #law keeps on being broken, yet more #warcrimes are committed - & all so the #fossilfuel #companies can make larger & larger #profits, Vladimir #Putin can make even more #revenue from his #oil & #gas to pay for his #war in #Ukraine, & Donald #Trump can keep on massaging his #SolarSystem sized #ego!
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