How big oil is cashing in on Iran war – The Latest

The world’s top 100 oil and gas companies made more than $30m every hour in unearned profit in the first month of the US-Israeli war in Iran, according to exclusive analysis for the Guardian. The conflict pushed the price of oil to an average of $100 a barrel in March, leading to estimated windfall war profits for the month of $23bn for the companies. Lucy Hough speaks to Damian Carrington, the Guardian’s environment editor – watch on YouTube Read Damian’s exclusive here Continue reading...

By Presented by Lucy Hough with Damian Carrington; producer Bryony Moore; senior producer Ryan Ramgobin; lead producer Zoe Hitch