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Big Oil Profits Amid Global Crisis | Irvine News

Big Oil Profits Amid Global Crisis | Irvine News

Published 1 week, 1 day ago
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Big oil giants are raking in billions as global fuel prices soar, fueled by U.S.-Iran tensions disrupting supply chains—while everyday consumers feel the squeeze at the pump and in air travel. Amid record profits, lawmakers push for windfall taxes to ease the burden, highlighting a stark divide between corporate gains and public strain in a volatile energy market.

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