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Support independent journalism Without readers like you, we wouldn’t exist. DONATE Monday, June 15, 2026 In 'Grotesque Billionaire Bonanza,' 41 Energy Tycoons Saw Fortunes Grow by $23.5 Billion Since Trump Launched Iran War “Conflict devastates countries and costs countless lives, yet for some it is extraordinarily profitable,” said the executive director of Oxfam International. While much of the world is holding out hope that the US-Israeli war against Iran may finally be reaching an end amid news of a ceasefire agreement, the billionaire owners of some of the world’s largest energy companies may not be so thrilled. A handful of just 41 energy industry barons in Group of Seven ( G7 ) countries collectively increased their wealth by $23.5 billion since the war was launched in late February, according to a report released by Oxfam International on Monday, as the leaders of the world’s largest industrialized economies meet in France this week. RECOMMENDED... 3 Months of Trum...