As war raises oil prices, households pay while energy companies profit

As war raises oil prices, households pay while energy companies profit

Rising tensions between the United States, Israel and Iran have sent oil prices surging. While households and governments face higher costs, parts of the fossil fuel industry stand to gain billions.

War is costly. The ongoing American-Israeli war on Iran is already reverberating through the global economy. For most people, including American citizens, it means higher fuel prices and greater econ… [+6725 chars]
As war raises oil prices, households pay while energy companies profit - FHMnews