The Iran crisis has reshaped global energy markets, sending crude oil prices soaring and delivering massive profits to the world's biggest oil companies. As disruptions in the Strait of Hormuz pushed oil above $126 per barrel, energy giants including Saudi Aramco, ExxonMobil, Chevron, Shell, BP, and TotalEnergies reported record quarterly earnings.

Combined profits reached nearly $93 billion between April and June, while consumers worldwide struggled with soaring fuel and energy costs. The windfall has sparked political criticism and renewed calls for stronger taxes on excess profits and greater investment in clean energy.

Iran War Fuels Oil Profits: Energy Giants Earn $93 Billion in Just 3 Months

Stellantis, in collaboration with TotalEnergies, has launched a new sustainable lubricant, Quartz EV3R 10W-40, as part of its commitment to environmental responsibility.

Stellantis and TotalEnergies introduce sustainable lubricant: Quartz EV3R 10W-40

More than 170 climate activists who had gathered outside the Paris headquarters of Amundi, one of the world’s biggest investment managers and a major TotalEnergies shareholder, were arrested, said the French police, on Friday (May 24).

More than 170 climate activists arrested amid protests targeting TotalEnergies

The campaigners of climate change targeted the headquarters of oil giant TotalEnergies in the United Kingdom on Tuesday by throwing paint at it while protesting against the alleged human rights violations by the French firm in the contentious oil pipeline's construction in Uganda.

Climate change protesters throw paint at headquarters of TotalEnergies in the UK

French energy group TotalEnergies announced on Friday (December 9) that it will exit the board of Russian gas giant Novatek. The firm also said that it would take a $3.

French energy group TotalEnergies pulls out of Russia gas firm's board with $3.7bn write-down

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