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#warprofiteering — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #warprofiteering, aggregated by home.social.

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  1. #Anduril: #Trump-linked US defence firm eyes #UK military contracts”

    by Ethan Stone in OpenDemocracy.net

    @uk_politics
    @UKLabour
    @palantirwatch
    @resist_fascism

    “The rapid expansion of Anduril’s UK footprint reveals how a clutch of US defence-tech firms backed by Trump's family & close supporters are looking to profit from the US President’s insistent pressure on the UK government to increase its defence spending. As Trump’s erratic foreign policy has raised military tensions across the world, these firms — which includes controversial spy-tech firm #Palantir — are poised to benefit”

    [..]

    “‘Anduril should not be mistaken for a ‘UK-based company’,’ Rogaly said. ‘It is a Pentagon contractor backed by American venture capital that will provide little to the UK economy in return for public money’.”

    opendemocracy.net/anduril-trum

    #Press #SocialMedia #Military #Drones #Ukraine #Contract #AndurilUK #PalantirUK #Thiel #Trump #MOD #Asgard #DIP #ProjectNYX #Labour #WarProfiteering

  2. "Eight of the biggest oil companies amassed profits of more than $90bn (£67bn) in just three months as the Iran conflict sent energy prices soaring and the emissions-fuelled climate crisis caused deadly heatwaves"

    #ClimateEmergency
    #FossilFuels
    #WarProfiteering
    #ThereIsNoEconomyOnADeadPlanet

    theguardian.com/business/ng-in

  3. #Energy companies such as #Exxon & #Chevron do not set the price of #US #oil, which ricocheted from $68 to $115 a barrel during the quarter. It’s driven by supply & demand, & what traders, refiners & other buyers are willing to pay.

    Nevertheless, #Democrats in #Congress introduced bills in March to tax major oil producers for profits they show from 2026 onward & have the tax proceeds redistributed to #consumers.

    #BigOil #WarProfiteering #FossilFuels #TrumpsWar #IranWar #economy #affordability

  4. “When you compare that to the hundreds of millions of people who are struggling with rolling #blackouts, with #electricity curbs, #rationing, waiting in line for #food queues, or the disruption to #fertilizers & the potential impact that that has on food #prices, we don’t think that it’s a justifiable price for the rest of the world to be paying,” Galey added.
    #BigOil #WarProfiteering #FossilFuels #ClimateChange #TrumpsWar #IranWar #US #Iran #Trump #economy #inflation #affordability #oil #energy

  5. Six of #Europe’s largest #oil companies posted combined first-quarter profits of $22 billion, more than 40% higher than last year.

    “There are constituencies around the world who are having a very good crisis, & the oil producers are one of them,” said Patrick Galey, #FossilFuels lead at Global Witness, a nonprofit organization that investigates environmental issues.

    #BigOil #WarProfiteering #ClimateChange #TrumpsWar #IranWar #US #Iran #Trump #economy #inflation #CostOfLiving #EnergyCrisis

  6. #ExxonMobil on Friday reported that its second quarter profits doubled to $14.53 billion, boosted by record #diesel production. The #oil giant, based in Spring, Texas, brought in $116.02 billion in revenue, up 42%.

    #Chevron, based in Houston, nearly quadrupled its profits to $12.07 billion & revenue jumped 56% to $70.06 billion.

    #BigOil #WarProfiteering #FossilFuels #ClimateChange #TrumpsWar #IranWar #US #Iran #Trump #economy #inflation #affordability #CostOfLiving #oil #energy #EnergyCrisis

  7. The money that #oil companies accrued between the beginning of April & the end of June could receive extra scrutiny this year. #Gasoline, #diesel & #JetFuel prices climbed sharply during that period, increasing costs for drivers & airline passengers. Supplies ran low in some countries, leading to sporadic #fuel #rationing in Australia & government office closures in Nepal & Sri Lanka.

    #BigOil #WarProfiteering #ClimateChange #TrumpsWar #IranWar #US #Iran #Trump #economy #affordability #energy

  8. Major #oil companies reap massive #profits as #US & #Iran #war drives #energy prices higher

    US oil & #gas giants raked in massive spring profits while fighting between Iran & the US impeded #petroleum shipments & consumers around the world paid more for fuel & confronted shortages.

    #BigOil #WarProfiteering #FossilFuels #ClimateChange #ClimateCrisis #TrumpsWar #IranWar #Trump #law #Congress #WarPowers #economy #inflation #affordability #CostOfLiving #EnergyCrisis
    apnews.com/article/oil-compani

  9. Already disgusted to see people advertising Modretro devices while handwaving the fact that the founder is a "defense" contractor and then I saw this today axios.com/local/columbus/2026/
    It's fucking embarrassing to think this connection doesn't matter.
    #modretro #warprofiteering #fuckpalmerluckey

  10. "One individual the authors discuss in detail in the book is former UK prime minister Tony Blair and the lack of accountability seen over events such as the invasion of Iraq.

    Often now deemed a so-called expert on the Middle East, Making A Killing shows how Blair has built his wealth on the back of the invasion, with Feinstein describing him as 'one of the world’s most shameless and brazen war profiteers'."

    #StephBrawn

    thenational.scot/news/26406513

    #TonyBlair #WarProfiteering #WarCriminals #war

  11. “Respect our troops” was always a slogan, never a policy. Sending them into endless wars while gutting veterans’ care and treating them like props is not patriotism. #WarProfiteering #StockManipulation #SupportTheTroops #Veterans #VeteransDeserveBetter #StopTheWar #PeaceNotWar

  12. #Iran has benefited financially from the #war, charing up to $2 million per ship in tolls for passage through the crucial strait. #Trump similarly floated the idea of tolls last week as a “joint venture” with Iran [#WarProfiteering].

    The country has also managed to export an average of 1.85 million barrels of crude a day through March — about 100,000 barrels a day more than in the previous 3 months, according to data and analytics firm Kpler.

    #idiocracy #NationalSecurity #economy #EnergyCrisis

  13. Create a blockade to override someone else's blockade.
    On a body of water which wasn't even an issue before Agent Orange's 'I had a feeling' debacle.
    Meanwhile, prices cranked on everything despite he saying the US has enough product (one assumes as bolstered by stolen oil from Venezuela) without needing the Strait open, and costs of refining has not changed.

    Feeling Great yet America?

    #trump #straitofhormuz #trumpswar #piracy #inflation #WarProfiteering

  14. Strange coincidence noticed:
    "but look at the timing here. have you ever noticed how all of Donny’s ultimatums always come due a half an hour before the markets open on Monday morning?"
    Trumpian ultimatums -- given to Iran via his social media app at least 3 times already -- serve at least 2 purposes:
    1) Distract from the appearance (reality?) of being out of control.
    2) Set up opportunities for outrageous war-profiteering.
    jefftiedrich.com/p/get-ready-e
    #Iran #Trump #WarProfiteering

  15. 💥 Democrats slam Pete Hegseth for allegedly trying to buy defense stocks before Iran war. Insider trading optics are explosive — Pentagon denies, but questions remain. #Hegseth #WarProfiteering #EthicsFail www.forbes.com/sites/alison...

    Democrats Investigate Pete Heg...

  16. According to the #FinancialTimes, an intermediary linked to US War Secretary #PeteHegseth allegedly contacted #BlackRock about a multi-billion dollar investment in a defense fund that includes companies like Lockheed Martin and Northrop Grumman, before the start of the war on #Iran.

    However, the #Pentagon has categorically denied the information, calling it "false and fabricated".

    #corruption #WarProfiteering #USpol

  17. Traders made bets worth half a billion dollars in the oil market about 15 minutes before Donald Trump’s post touting 'productive' talks with Iran sent the price of crude tumbling

    Behind paywall:
    ft.com/content/1171d623-3709-4

    #oil #insidertrading #WarProfiteering #corruption #uspol #WarOfAggression
    #RegimeChange #WarOnIran #EpsteinWar #WestAsia #Iran #tRump #WarForOil #Israel

  18. Oh how wonderful to see fuel prices jumping before the price increase has had time to go through the supply chain #warprofiteering #diesel #petrol