Al Jazeera: So-called “oil giants” have earned unprecedented profits from the consequences of the closure of the Strait of Hormuz

“Exxon Mobil,” the largest U.S. oil company, announced its adjusted profit of $14.7, the highest figure in the past four years.

Saudi Arabia’s Aramco also reported a 44% increase in its quarterly profit compared to last year.

“Shell,” the largest European oil company, brought its profit to nearly $10 billion—more than double.

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