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The War on Iran Has Made the Rich Even Richer

Ben Balint-Kurti Convergence
Over 50% of the profits from recent oil supply shocks went to the top 1% of Americans. The bottom half received just 1%. The Iran war likely triggered another massive transfer to the very richest.

Fossil Capitalism and the Strait of Hormuz

Sahasranshu Dash Foreign Policy in Focus
The global energy system was not built around oil simply because it was cheap. It concentrated economic and political power in specific chokepoints that enabled forms of state power premised on managing, rather than dispersing, these flows.

Will Big Oil Pay a Price for its Lies?

Tina Gerhardt The Progressive
A new D.C. lawsuit targets the world’s four largest oil companies (BP, Chevron, ExxonMobil, and Shell) for misleading consumers about climate change.
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