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Oil Giants To Earn $45 Billion As Emissions Fuel One In 4 Heatwaves

Six oil majors are set to earn $45 billion in Q2 2026, nearly double the previous quarter. Oxfam links their historical emissions to conditions behind roughly one in four global heatwaves since 2000. Experts urge faster transition investment. India faces severe heatwaves, with 97 of world's 100 hottest cities located there in May 2026.