economy

$30 Million an Hour: Big Oil Reaping Huge War Windfall From Consumers, Analysis Finds

Exclusive: Climate action blockers including Saudi Arabia, Russia and major fossil fuel firms set to make extra $234bn by end of 2026

$30 Million an Hour: Big Oil Reaping Huge War Windfall From Consumers, Analysis Finds

TL;DR

  • Fossil fuel blockers, including Saudi Arabia and Russia, are set to gain an extra $234 billion by the end of 2026.
  • Major fossil fuel firms are also among those benefiting from this windfall.
  • The analysis indicates these entities are earning approximately $30 million per hour.
  • This extra profit is occurring as these players continue to block climate action.

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