News   /   Politics   /   News Bulletin

Biden tells major oil companies to cease 'war profiteering'

US President Joe Biden says it is time for major oil companies to cease "war profiteering," taking aim at businesses' record profits as households grapple with soaring inflation.

His comments come after oil giants reported bumper earnings reflecting a boost from a surge in crude prices after Russia's invasion of Ukraine.

(Source: AFP) 


Press TV’s website can also be accessed at the following alternate addresses:

www.presstv.ir

www.presstv.co.uk

SHARE THIS ARTICLE
Press TV News Roku