# War windfalls for energy elite as bills set to rise

By Robert Palmer — 2026-08-13

In polling by Survation in May this year, 74 per cent of the public felt it is morally wrong for oil and gas companies to profit from the energy crisis caused by the Iran war.

Robert Palmer, deputy director of Uplift, said: “This profit is largely a war bonus from the Iran conflict. The war isn’t only a humanitarian disaster, it’s also an economic disaster for ordinary people who have ended up paying a ‘Trump Tax’ as the cost of energy rises.

“Oil bosses and shareholders are reaping a tainted dividend, while bill payers face sky high prices and the growing impact of climate change.

“We know that the wildfires, heatwaves and droughts that have been so devastating this year will get more frequent and intense the longer we stay hooked on fossil fuels. The science is clear – the world cannot continue to burn oil and gas if we want to maintain a liveable climate for ourselves and our children.

“We need the government to put the public’s health, lower bills and a safe climate ahead of oil company profits and speed up the shift to clean energy. This is not ‘drill baby drill’, this is ‘bill baby bill.”

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