What’s driving inflation? Shell oil posts obscene $10 billion profit in just 3 months

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The British oil behemoth Shell reported a record $9.6 billion in first-quarter profits and announced $4 billion in stock buybacks, prompting fury from environmentalists and progressive lawmakers who say the fossil fuel industry’s profiteering is grotesque amid a worsening climate emergency and cost-of-living crises across Europe. By Jake Johnson Common Dreams Shell CEO Wael Sawan—who recently declared that […]

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