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"We witness not only a massive fossil fuel crisis but a vast upward transfer of wealth built on instability of fossil fuel markets and pain," said an expert at 350.org.
US President Donald Trump’s war with Iran may finally be reaching a close. But consumers and businesses around the world will continue to pay the price in the months ahead as still-elevated energy costs funnel hundreds of billions of dollars to fossil fuel giants.
That’s according to a report from the environmental group 350.org released Thursday, following Trump’s signing of a memorandum of understanding with Iran this week to begin the process of formally ending a war that has sent global oil prices skyrocketing and saddled ordinary people with record fuel prices.
The group estimated that just 110 days of war resulted in the transfer of an additional $374 billion from consumers and businesses into the coffers of oil and gas companies beyond what would have been expected had the war never been launched.
And while Trump claims his agreement to end the war this week will avert an “economic catastrophe,” there will likely still be tremendous pain even if the Strait of Hormuz reopens promptly.
Using oil and gas pricing scenarios from the International Monetary Fund’s April 2026 World Economic Outlook and data on global consumption, 350.org predicted that by the end of the year, consumers and businesses will spend an additional $199.8 billion on oil and $128.1 billion on gas above a non-war scenario, making for a grand total of more than $700 billion as a result of the war.
This, the group said, is a conservative estimate, as it does not even take into account knock-on effects. The war will ultimately end up costing much more when factoring in inflation across the rest of the economy, resulting from higher fuel costs or fertilizer shortages caused by the strait's closure, which has affected food prices.
It also does not take into account the resulting effects on economic output or employment as rising costs and lower consumer spending force companies to tighten their belts.
"The oil and gas industry is draining billions from people and businesses on the back of a war that has killed thousands and pushed millions toward poverty and hunger," said Andreas Sieber, head of political Strategy at 350.org.
"Even if the Strait of Hormuz reopens tomorrow, we should expect prices to remain above pre-crisis levels," he said. "We witness not only a massive fossil fuel crisis but a vast upward transfer of wealth built on instability of fossil fuel markets and pain."
While the war has brought it into starker relief, previous reports from 350.org have shown that even if the US had never attacked Iran, the continued global dependence on fossil fuels was resulting in trillions of dollars of avoidable costs each year, including $9.3 trillion to mitigate climate-related damages and air pollution-related deaths each year, costs that disproportionately fall on the world's poorest.
In order to alleviate economic strain from the war, Sieber said, "governments should tax these excess profits now and use the revenues to protect people, cut bills, and rapidly deploy renewables that make households and small businesses less vulnerable to the next fossil fuel shock.”
Estimates of inflation also do not account for how the war has heightened global instability and poverty, which will require additional resources for humanitarian relief efforts. In late April, the United Nations Development Program estimated that even if the conflict had ended then, more than 32 million people worldwide would be pushed into economic precarity.
This is not to mention the resources that will need to be expended to address the harms caused by the war itself.
In exchange for negotiations on Iran's nuclear program, a portion of the memorandum of understanding requires the US to work with "regional partners," presumably other Persian Gulf allies, to scrounge up at least $300 billion to help Iran pay for reconstruction and economic development after the country was devastated by American and Israeli attacks on civilian infrastructure and millions were displaced.
As a report from the International Rescue Committee detailed last week, the Iran war has also had cascading effects on other conflicts and catastrophes.
"Six months ago, the IRC warned that a New World Disorder was emerging," said David Miliband, the humanitarian group's president and CEO. "Since then, disorder has not only grown but accelerated. A war with Iran. A million people have been forced to flee their homes in Lebanon. A brewing global food security catastrophe that risks plunging millions more people into acute hunger. An expanding Ebola outbreak. Defanged diplomacy and collapsing aid budgets."
"The Iran war couldn’t have happened at a worse time," Miliband said in a New Yorker article published Thursday. "It set off a chain of events that’s very damaging.”
The US government is refusing to fulfill its fundamental obligation to protect public health and safety at home, and showing open disdain for the lives and well-being of people worldwide.
The White House recently announced what might be its most brazen attack on climate science yet. Roughlyo months ago, the administration rolled out plans to repeal the federal government’s “Endangerment Finding”—essentially, its authority under the Clean Air Act to regulate greenhouse gases as pollutants.
This 2009 finding by the Environmental Protection Agency (EPA) determined that the increase in public health and safety risks caused by climate change—such as extreme heat, wildfire smoke, ozone pollution, and catastrophic weather events such as hurricanes and flooding—justified regulating greenhouse gases as pollutants.
That’s the legal underpinning for everything from vehicle fuel economy standards to the requirement for power plants and factories to measure and report their emissions. Since 2009, the scientific basis for these rules has only grown stronger. This is borne out by successive studies by the Intergovernmental Panel on Climate Change (IPCC), the most authoritative global climate science institution.
The most recent report by the IPCC working group assessing the state of knowledge on climate science, a collaboration of 234 prominent scientists from across the world, found overwhelming evidence that the Earth’s atmosphere, oceans, and land have warmed rapidly since the start of the industrial era—and that the warming is attributable to emissions of carbon dioxide, methane, and other greenhouse gases.
The regime’s decision wasn’t driven solely by ignorance or stupidity. Fossil fuel oligarchs have essentially bribed the president (in response to his open solicitation, no less), and penetrated the highest ranks of government.
Another IPCC working group, consisting of 330 of the world’s leading scientists, found that more frequent and severe weather and climate extremes attributable to climate change, such as heatwaves on land and on oceans, droughts, and wildfires, have already resulted in “widespread adverse impacts” on “ecosystems, people, settlements, and infrastructure.”
In recent years, other studies have found that climate change made many severe weather events in the US and across the world likelier and more destructive, including Hurricanes Helene and Milton in the US in 2024, deadly flooding in Pakistan and a record-breaking heatwave in Iceland and Greenland in 2025, and devastating flooding in Southern Africa earlier this year.
The Trump regime has attempted to counter this overwhelming body of rigorous, peer-reviewed science with government-sponsored misinformation. It has published a report written by five handpicked scientists, purporting to show that there is too much uncertainty about human-caused climate change. Large numbers of scientists from a wide variety of disciplines have condemned this report as methodologically flawed and relying on cherry-picked evidence, and have provided a detailed rebuttal.
In typical fashion, however, the Trump regime has ignored mountains of incontrovertible evidence to race ahead with repealing the Endangerment Finding, giving themselves a legal fig leaf for their actions to enable expansion of polluting industries and dismantle environmental protections.
This is a direct attack on communities throughout the country who have lost their loved ones, their homes, and their livelihoods because of fossil-fueled wildfires, storms, and floods, and communities who will inevitably suffer similar disasters as a consequence of the regime’s refusal to address the threat of climate change.
It’s also an attack on communities experiencing, or increasingly likely to experience, similar disasters worldwide. It is nothing short of a declaration of war against humanity.
The regime’s decision wasn’t driven solely by ignorance or stupidity. Fossil fuel oligarchs have essentially bribed the president (in response to his open solicitation, no less), and penetrated the highest ranks of government. They’re getting the policy outcomes they want, enriching themselves at the expense of people and the planet.
The US government is refusing to fulfill its fundamental obligation to protect public health and safety at home, and showing open disdain for the lives and well-being of people worldwide. This is occurring in the broader context of a government that is practically at war with its own population, flagrantly violating basic human rights in pursuit of an extremist ideological agenda.
A government that refuses to fulfill its most basic responsibilities even as it assaults citizens and knowingly exposes people worldwide to serious harm is not a legitimate government. Governments worldwide need to recognize this reality, and do everything in their power to protect their own people, and stand up for human rights in the US.
This op-ed may be republished with attribution to InsideSources.com.
Making the film taught Martin that "it is completely undeniable" that the US military "is the greatest threat to all living things on Earth."
It’s a commonly repeated statistic that the US military is the world’s largest institutional polluter, but what exactly does that mean?
The quest to find a real answer to that question led journalist and documentary filmmaker Abby Martin and her husband and co-director Mike Prysner on a five-year journey from defense contractor conferences and international climate gatherings to the Rim of the Pacific military training exercises and the fight against the construction of a military base in Okinawa that would fill in its iconic Oura Bay.
The result is Earth’s Greatest Enemy, released this year independently through Martin and Prysner’s own Empire Files, with editing by Taylor Gill and an original score by Anahedron. The film uses personal narrative, research, investigative reporting, interviews, and live footage to detail all the ways in which the Pentagon poisons the planet, including greenhouse gas emissions, the ecocide of war, and the toxins left behind long after the fighting has stopped.
"When you combine all of this, it is completely undeniable that this force that is upheld by extreme violence is the greatest threat to all living things on Earth,” Martin told Common Dreams.
RIMPAC training exercises are shown in a still from Earth's Greatest Enemy. (Image via Empire Files)
Toward the beginning of the film, Martin sets out to explain how the Pentagon can count as the world’s largest institutional polluter, and why the numbers behind that fact actually undersell its impact.
It turns out, Martin told Common Dreams, that this statement is only based on the amount of oil the US military purchases on paper, which comes to 270,000 barrels per day. This puts its emissions at 55 million metric tons of carbon dioxide annually, more than 150 countries.
This itself is a staggering amount of carbon pollution.
As Martin explains in the film: “It would take the average American driver over 40 years to burn as much fuel as a single flight of a Boeing Pegasus. The US flies more than 600 of these tankers.”
"You have to look at the military as actually the institution that's actually keeping the fossil fuel infrastructure in place through brutality and violence.”
But it’s also only the tip of the melting iceberg. Through an interview with scientist Stuart Parkinson, Martin reveals how that 55 million keeps ballooning when considering life cycle emissions from military equipment and from the equipment purchased by NATO allies, projected to reach 295 million metric tons by 2028, or more than half of all countries. And that figure excludes the use of military equipment in war, or the emissions from reconstructing cities leveled by US-made bombs.
In one particularly candid interview, a major general tells Martin that it’s great to develop alternative energy sources, “but let’s not walk away from what fuels today’s national security, which is oil. You have to have it.”
And until something is developed that can completely replace oil, “I think you need to keep the alternatives in check," he says.
Statements like these give the lie to the idea that the US can have a “green military empire,” Martin said.
They also show how difficult it is to separate the US military’s carbon footprint from that of the fossil fuel industry itself.
“Everything has really been wrapped up into securing the fossil fuel, building the infrastructure for fossil fuel, and maintaining that infrastructure empire in order to maintain a fossil fuel economy,” she told Common Dreams. “So you have to look at the military as actually the institution that's actually keeping the fossil fuel infrastructure in place through brutality and violence.”

A helmet and dog tag are seen in Camp Lejeune, North Carolina in a still from the film Earth's Greatest Enemy. (Image via Empire Files)
The film also makes clear that carbon pollution isn’t the only kind of pollution the military generates.
“Once you get into the research, you realize every stone unturned is an entire other documentary because it's not just emissions, it's the totality of pollution that the military is emitting on a daily basis, the dumping of toxic waste, the legacy contamination, that alone is still killing people every day,” Martin said.
The film spends much of its run time digging into the landfill of military waste, from melted down pucks of plastic dumped off Navy boats and unused munitions exploded in the desert to decades of water contamination at Camp Lejeune, the 26 million marine mammals the US Navy is permitted to harm or kill over five years of training, and the more than 250,000 bullets left behind in Iraq and Afghanistan for every person killed.
Martin said that almost every fact or anecdote she unearthed surprised her.
"We're fighting for service members and every living person on Earth, because we are all victims of this.”
“No matter what you think you know, it's worse. It's actually worse because of how big it is and how every face is a story, every victim is a story,” she said.
One of the most devastating stories comes at the film’s beginning, as viewers spend time with Lavon Johnson, an Iraq War veteran who once starred in a US Army commercial and is now living on Veterans Row, a stretch of tents bearing American flags lined up outside the Veterans Affairs hospital in Brentwood, Los Angeles. “My life is so fucked!” he declares as he lifts his hands from the piano he furiously plays despite the nerve damage caused by exposure to hydraulic fluid while in the Army.
In the next scene, viewers see the camp being demolished by police, juxtaposed with images of war, pollution, and environmental destruction, such as soldiers breaking down doors or dumping trash off of boats, oil pump jacks working, and beachside homes collapsing into a rising tide.
Martin said she was inspired to open the film with Johnson because of a letter that late Iraq War veteran Tomas Young wrote to former President George W. Bush and Vice President Dick Cheney before he died, referring to himself and other victims of the invasion as “human detritus your war has left behind.”
“That always stuck with me, that line, ‘the human detritus,’” Martin told Common Dreams. “And that is exactly what they do to veterans. That is exactly what they do to veterans… they're churned up and spit out. They're the cannon fodder of the system. And for what?”
Prysner is an Iraq veteran who spoke out against the war, and Martin is very clear that veterans are not the target of the pairs’ critique.
“This isn't about service members,” she said. “This isn't about hating the military. This is about accountability and justice for them. We're fighting for service members and every living person on Earth, because we are all victims of this.”
The demolition of Johnson’s camp cut through with clips of war and weather disaster illustrates this point, and could serve as a sort of thesis for the film, showing that the US military ultimately turns everything it touches into detritus, including, if it’s not stopped, the planet itself.
“Everything on Earth is in Lavon’s tent,” Martin said.

People march against US militarism at COP26 in Glasgow, in a still from Earth's Greatest Enemy. (Image via Empire Files)
This sense of connection is ultimately why Martin decided to keep Earth’s Greatest Enemy as a two-hour feature documentary rather than pivoting to a documentary series, despite the fact that, the more she dug, the more she realized “it could be 10 documentaries.”
She also ran into roadblocks when seeking Hollywood distribution. While environmentalist distributors would praise the film and compare it to Al Gore’s An Inconvenient Truth, they also said frankly, “You’re never going to be able to get anyone to buy this stuff.”
But, Martin said, “I was so committed to making a movie because movies were what radicalized me,” citing inspiration from films like The Revolution Will Not Be Televised, War Made Easy, and Michael Moore's filmography.
Ultimately, her stubbornness paid off.
“After we educate everyone, I hope to decommission the military empire."
“It shows that everything from ICE [Immigration and Customs Enforcement] to Gaza to the climate, that everything is connected,” she said. “Veterans, soldiers, the Indigenous people on the receiving end of this. If you care about cold water and good air, you can't walk away from this not being impacted. And that was the goal. The goal is to lock people in and explain the totality and to bring you down to the depths of hell.”
She added: “We have to understand those depths, and you can't get that with a 20-minute segment. You just can't. You have to go through the pain of all the victims in this community and come out the other side empowered with the truth and the resolve that we have to change this.”
Change is a large part of Martin’s motivation for making the film, by educating people about the scope of the military’s destructive force and connecting them into a broader coalition.
Martin speaks in the film about coming to political consciousness and beginning her career as a journalist during the Iraq War, meeting Prysner through their shared opposition to war and empire, and developing "profound climate anxiety" following the birth of the pairs' first child. She lamented that the climate and anti-imperialist movements have been largely siloed over the past two decades, though that is beginning to change.
Through local screenings, she said she wanted to “try to build the environmental movement with the anti-war movement together because… even though the consciousness is expanding, it's not happening fast enough. And we are simply out of the luxury of time.”
The sense of urgency has only increased with President Donald Trump’s second term. While the film does not cover this period, it points to many developments that have shaped the past 12 months, including Trump’s claim that he attacked Venezuela for oil, his imperialist push to control Greenland, and his deployment of ICE to terrorize US cities.
Toward the end of the movie, Martin includes a segment on the militarization of US policing and warns that “this is our system’s big plan for the climate crisis.” She also films a panel on “Domain Awareness and Air Superiority in the Arctic” in which the generals speaking tell US companies they have an “open invitation” to experiment in Alaska.
“We know what they want the Arctic for, and it's to pillage every last drop,” Martin said. “So if environmental organizations are not thinking this together, we have to do it for them. We have to do it for them quickly.”
So far, she has seen encouraging signs, with several Sierra Club chapters stepping up to host screenings and enthusiasm from the mainstream environmental groups, parks departments, and other city officials she has invited to attend.
But education is not her only goal.
“After we educate everyone, I hope to decommission the military empire,” Martin said.
For Martin, that doesn’t mean not having a military for self-defense, but rather decommissioning the 800 or so bases the US military maintains around the world and transforming the infrastructure into something that could help local communities in a climate-friendly way. It also means accountability for harm caused and redirecting military spending toward basic needs like housing and healthcare, and certainly not giving the Pentagon another $600 billion as Trump desires.
While that may seem like an impossible task given the current political climate, Martin maintains a sense of revolutionary optimism, encouraged by the global mobilization against the genocide in Gaza and the way that people are increasingly seeing the links between the multiple crises and struggles around the globe.
“There's so many of us,” Martin told Common Dreams. “We care about the planet. We have a vested stake in life. And that's our vision.”
“It's like they have a vision of death and destruction for profit,” she continued. “Our vision is life, and we have to fight for it with every fiber of our being. And let this movie assist you however you can do that.”
To attend a screening of Earth’s Greatest Enemy, see the schedule here. To host a screening of your own, email theempirefiles@gmail.com.