The Guardian Australia
·general
·2 hours ago
Climate campaigners attack Shell over ‘windfall’ profits from Iran war
Shell reported first-quarter profits of $6.9 billion, more than double its previous quarter results, as soaring energy prices from Middle East conflict boosted oil trading gains. The company's chief executive attributed success to "operational performance" amid global energy market disruption. Climate campaigners called for windfall taxes on excess fossil fuel profits to support vulnerable households and renewable energy expansion.
Summary by Glance · The Guardian Australia
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