Greenpeace accuses oil companies of reaping Mideast 'war profits'

A study commissioned by Greenpeace said on Wednesday that oil companies have been making more than 80 million euros a day in "war profits" in the European Union since the start of the war in the Middle East. The study examined the difference between the price of crude oil and the price of fuel at the pump between January and February 2026, and the first three weeks of the war in March. "Compared with the pre-war months, the oil companies earned a daily excess profit of 75.3 million euros from the sale of diesel fuel to cars and trucks," the report said.