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ReliefWeb · 2 h ago

World: G7 energy billionaires pocket $300 million a day since start of unlawful US and Israel war against Iran

Countries: World, Iran (Islamic Republic of) Source: Oxfam Billionaire wealth has so far surged by nearly $10 trillion amid the fifth global economic crisis since 2020. G7 countries slashed aid to the world’s poorest countries by $48 billion between 2024 and 2025 —a sum G7 billionaires accumulated in just nine days. Oxfam calls on the “G6" to stop using US intransigence as an excuse for inaction, urging taxes on excessive profits and the super-rich, debt suspension, more aid, and new Special Dra

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