✠Oil Companies Earn Huge Profits During Iran Warđ„
đ° Shell and other big energy companies made huge profits after oil prices increased during the Iran war. Shell earned $6.92 billion in the first three months of the year, higher than expected. Oil prices went up because the Strait of Hormuz, an important route for global oil and gas, faced major disruption. BP and Norwayâs Equinor also reported very strong earnings
đą Higher oil prices helped oil traders and refining businesses make more money, but many people now fear higher fuel and energy bills. Environmental groups criticized these companies for earning massive profits while ordinary families struggle with rising costs. Shipping company Maersk also said the conflict increased transport expenses, and customers may face higher prices in the future #ADPPayrollsSurge #USAprilADPPayrollsBeatExpectations #IranDealHormuzOpen $USOon $OL $SHELL
