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    Common DreamsTo inform. To inspire. To ignite change for the common good.

    war profiteering

    A person pumps gas at an Exxon station

    Exxon, Chevron Post $26.5 Billion in Combined Profits as High Gas Prices Pummel Americans

    "While Americans suffer from high prices and the Iran war imposes tens of billions of dollars of new costs on the American public, the oil industry wins big."

    Jake Johnson
    Jul 31, 2026

    ExxonMobil and Chevron repeated $26.5 billion in combined profits in the second quarter of 2026 as US President Donald Trump's illegal war on Iran drove up gas prices around the world, punishing consumers at the pump while boosting oil companies' bottom lines.

    Chevron on Friday announced $12 billion in profits for the second quarter—its highest quarterly profit in six years—while Exxon posted $14.5 billion. Exxon touted its "industry-leading shareholder distributions," which "totaled $9.4 billion, including $4.3 billion of dividends and $5.1 billion of share repurchases."

    Keep ReadingShow Less
    News
    big oil
    Polymarket betting page for the survival of the Iranian regime.

    To Make the US-Iran Deal Stick, Hold Hawks and War Profiteers Accountable

    Those who push for and profit from war have learned over many years that neither Republicans or Democrats will hold them accountable. A new Congress post November has a real opportunity to change that.

    Nancy Okail
    Jun 23, 2026

    Now that an initial diplomatic deal between the US and Iran has been signed and intensive negotiations are under way to fully end the war, Congress should do everything possible to ensure this agreement is fully implemented. While the agreement is likely to have imperfections—thanks in large part to President Donald Trump harming US leverage and interests with a disastrous war—it would be a massive mistake to attack the deal simply because it comes from this president. The key question to consider is what steps Congress can take to ensure it becomes a durable peace—rather than merely a pause before the next round of war.

    With all the human loss, destruction, and global stakes, we must stop this war, but also ensure that the conditions of peace don’t lay the groundwork for a return to conflict—or inspire its repetition elsewhere. The political and financial cost of ending this war must fall on those who aided and profited from it. The question is whether we build the safeguards to make it last.

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    Opinion
    Iran War
    U.S. President Donald Trump Visits Scotland For Golfing Getaway

    Top Oversight Democrat Pushes Pentagon Watchdog to Probe 'Shady' Trump Family Contracts

    Asking for an investigation, Rep. Robert Garcia noted that the Department of Defense “repeatedly awarded lucrative DOD contracts to companies after they became affiliated with the president’s sons.”

    Stephen Prager
    May 08, 2026

    The top Democrat on the House Oversight Committee is urging the watchdog overseeing the Pentagon to investigate "shady" defense contracts that may have benefited the family of President Donald Trump.

    Rep. Robert Garcia (D-Calif.), the ranking member of the Oversight Committee, sent a letter on Friday to the Department of Defense inspector general, Platte B. Moring III, calling for an investigation after the administration "repeatedly awarded lucrative DOD contracts to companies after they became affiliated with the president’s sons," Eric and Donald Trump Jr.

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    News
    corruption
    TotalEnergies protest

    'Obscene Transfer of Wealth' Continues as Another Oil Giant Posts Massive War-Fueled Profits

    "The war enriches shareholders as it impoverishes citizens," said a campaigner with 350.org.

    Jake Johnson
    Apr 29, 2026

    France-based TotalEnergies on Wednesday became the latest fossil fuel giant to report massive profits juiced by the US-Israeli war on Iran, which has sent global oil prices surging and jacked up costs for consumers.

    TotalEnergies announced in its first-quarter earnings report that it would increase returns to shareholders through a higher dividend and stock buybacks after seeing $5.8 billion in profits and $8.6 billion in cash flow during the first three months of 2026. The company attributed its profit growth to its "ability to capture price upside," corporate-speak for cashing in as consumers face rising energy costs.

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    News
    big oil
    US-ISRAEL-IRAN-WAR-HEGSETH

    Warren Leads Demand for Probe Into Hegseth's Reported Efforts to Profit From Iran War

    Democratic lawmakers said if reports of Hegseth attempting to buy defense stock weeks before the war are true, it "would be a profound conflict of interest" and a "betrayal of the nation paying the price for this war."

    Stephen Prager
    Apr 02, 2026

    Senate Democrats are pushing for an investigation into US Defense Secretary Pete Hegseth following a report that he attempted to make a “big investment” in weapons stock just weeks before President Donald Trump launched an aggressive war against Iran.

    Three Democrats on the Senate Armed Services Committee—Sens. Elizabeth Warren (D-Mass.), Tammy Duckworth (D-Ill.), and Richard Blumenthal (D-Conn.) were joined by Sens. Gary Peters (D-Mich.) and Jeff Merkley to send Hegseth a letter on Wednesday.

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    News
    war profiteering
    Lindsey Graham

    'We're Gonna Make a Ton of Money': Unhinged Lindsey Graham Hails Profit Potential of Iran War

    "We're going to blow the hell out of these people," declared the Republican senator.

    Jake Johnson
    Mar 09, 2026

    US Sen. Lindsey Graham, one of the most fanatical cheerleaders of the Iran war in Congress, on Sunday hailed the profit potential of the ongoing military assault, which has plunged the region and entire global economy into chaos.

    "When this regime goes down, we're gonna have a new Mideast," Graham (R-SC) said in a Fox News appearance. "We're gonna make a ton of money. Nobody will threaten the Straits of Hormuz again."

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    News
    Iran War
    Trump Pressures Oil Companies To Invest In Venezuelan Infrastructure

    Analysis Reveals Wall Street Titans Behind Big Oil Profiteering Push in Venezuela

    Since 2021, top Wall Street banks have committed more than $124 billion in investments to the nine companies set to profit most from the toppling of Venezuela's government.

    Stephen Prager
    Jan 14, 2026

    As oil industry giants are being set up to profit from President Donald Trump's invasion of Venezuela, a new analysis shows the ample backing those companies have received from Wall Street's top financial institutions.

    Last week, Bloomberg reported that stock traders and tycoons were "pouncing" after Trump's kidnapping of President Nicolás Maduro earlier this month, after having pressured the Trump administration to "create a more favorable business environment in Venezuela."

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    News
    venezuela
    Protest of L3Harris in Northampton, Mass.

    The Not-So-Impossible Quest to Evict War Profiteer L3Harris From Northampton, Mass.

    The sudden emergence of candidates for every single local office, who are eager to remove L3Harris from the city, reframes our weekly protests and actions at L3Harris from a futile gesture to a burgeoning movement.

    Phil Wilson
    Aug 31, 2025

    On Wednesday, August, 20, I go to protest—as I do every Wednesday at 6:30 am Eastern Time—at local arms profiteer, L3Harris. I know something might be up, because one of my companions at last week's L3 demonstration warned me that people plan to block the company driveway. The police will make arrests. Protest leaps deftly over a small barrier to become civil disobedience.

    I have attended countless demonstrations across my accumulating decades, but had never distinguished myself sufficiently to be chosen for arrest. As a lifelong resident of a country known across the globe for crimes against humanity, how is it possible for me to have tiptoed so gently that no cop anywhere, ever, tackled or cuffed me for a ride downtown? My spotless record indicates that I have paused at the threshold of moral opportunity and timidly shrunken myself into something tiny, almost invisible—a green aphid on a tomato leaf, a wisp of smoke from an extinguished match head, a name forgotten in the presence of a long ago face. Our weekly demonstrations at L3Harris have been too small to elicit even a single police cruiser, and even now, none have yet arrived. We live in the new US era of arbitrary arrests. Pristine criminal records have become a luxury of bygone days.

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    Opinion
    military contractors
    Protest in lobby of L3Harris

    L3Harris: Convert to Peace Work or We Will Shut You Down

    From our position in the imperial core, with war profiteers as our neighbors, it is our duty to do everything in our power to end the genocide and occupation.

    Nadja Eisenberg-Guyot
    Mar 26, 2025

    On March 19, 2025, five members of Demilitarize Western Massachusetts were arrested for occupying the public lobby of the L3Harris plant in Northampton, Massachusetts, and serving a “people’s warrant” against CEO Chris Kubasik for perpetrating, and profiting from, the genocide in Gaza. As they read a statement noting that L3Harris weapons shipments violate the U.S. Leahy Law and related laws, they threw fake money splotched with red paint on the floor of the L3 lobby.

    Their--and our--demand is simple: L3Harris, convert to peace work or shut down!

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    Opinion
    weapons makers
    Mohammed bin Salman at Lockheed Martin headquarters.

    Instead of Pausing a Ban on Bribing Foreign Officials, Trump Should Strengthen It

    Not only should the FCPA be vigorously enforced to stop bribery of foreign officials by U.S. companies, but the law must also be strengthened to combat the flip side of the corruption coin—foreign bribes accepted by American officials.

    William Hartung
    Ashley Gate
    Feb 25, 2025

    On February 10, U.S. President Donald Trump issued an executive order that directed Attorney General Pam Bondi to pause the enforcement of the Foreign Corrupt Practices Act. The FCPA was the first law in modern history to ban a country’s own citizens and companies from bribing foreign officials.

    Citing the law as one of the “excessive barriers to American commerce abroad,” President Trump has instructed the attorney general to—at her discretion—“cease the initiation of any new FCPA investigations or enforcement actions.” The executive order further requires the DOJ to provide remedial measures for those who have faced "inappropriate" penalties as a result of past FCPA investigations and guilty verdicts.

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    Opinion
    donald trump
    See More

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