Windfall Tax

Business

Oil Giants Post Record Windfalls as Wartime Crude Prices Fuel Profits—and Outrage

Oil majors report sky-high Q2 2026 profits amid wartime crude prices, sparking political backlash and calls for windfall taxes. Here’s why i

Aug 1, 2026

Business

Oil Giants Post Record Wartime Profits: Why the Windfall Is Sparking Global Outrage

As crude prices surge due to geopolitical conflict, oil majors report historic profits. This analysis covers the numbers, the backlash, and

Aug 1, 2026