Major oil firms earn $93bn during crisis

This article discusses how eight major oil companies reported over $93 billion in profits in the second quarter, fueled by increased energy prices due to the Iran conflict and climate-driven heatwaves. These record profits have reignited calls for fossil fuel giants to pay for environmental damage and expedite a transition to renewable energy, amid escalating climate disasters such as deadly heatwaves, wildfires, droughts, and floods worldwide.

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