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00:04The conflict between the United States and Iran is currently in a ceasefire negotiation phase.
00:09However, the upward trend in international oil prices has not stopped.
00:12Still so high it's breathtaking
00:15According to financial media companies
00:17Visual Capital has been tracking gasoline prices in 128 countries and regions.
00:21price
00:21Data showing changes from the outbreak of the Iran war to mid-April
00:26Oil price increases in Southeast Asian countries
00:28They account for half of the top 10 globally.
00:32Myanmar, in particular, achieved an astonishing 101%.
00:36The doubling of the increase ranks first in the world.
00:39Secondly, the Philippines saw an increase of over 72%.
00:42Furthermore, fuel prices in Malaysia have also increased by 68.1%.
00:47It ranked third in this survey.
00:51So, under the Iran war, it can be said that...
00:53Southeast Asia is truly the hardest hit by oil price crashes.
00:56Southeast Asia has become the hardest hit area in this surge in international oil prices.
01:00Inflation is now not just caused by high oil prices.
01:03The cost of living crisis has spiraled completely out of control.
01:06We've been consistently reporting on this recently.
01:09Some Asian governments, in order to save fuel
01:12Orders for people to work from home and force them to take a three-day weekend
01:15In some areas, gas stations have even implemented fuel rationing.
01:19Even hospitals are facing a shortage of supplies.
01:22This energy shortage is spreading like a plague.
01:25From the United States to Africa, no one can remain uninvolved.
01:29It's just that while we ordinary people are suffering because of high oil prices...
01:34But some people benefit from this.
01:36Who?
01:37The international oil giants are now rolling in money.
01:42According to a report by the British non-governmental organization, The Musicians
01:46That includes SHAO and ExxonMobil.
01:50Six major global oil giants, including Exco Mobile
01:54What are the projections for this year?
01:55Every second
01:56Listen carefully, everyone.
01:57Every second
01:59They can earn nearly three thousand dollars.
02:01That's equivalent to over 11,000 ringgit.
02:04in other words
02:06Almost every second you blink
02:08blink twice
02:09These giant companies
02:11They borrowed RM10,000, that's all.
02:14So you see...
02:15Now we're paying high oil prices.
02:16But what about them over there?
02:18But they made a lot of money.
02:19The report also pointed out
02:21The total profits of these six companies this year
02:24It is estimated to reach as high as $94 billion.
02:27Equals every day
02:29It earned nearly $37 million more than last year.
02:33Converted, it has exceeded RM140 million.
02:36Make a fortune from the war!
02:37Non-governmental organization Musicians Association
02:39Their climate policy chief mentioned
02:41Oil giants benefit from geopolitical instability
02:44After acquiring enormous wealth
02:46It has exacerbated global inequality.
02:48The turning point lies in
02:50These oil giants
02:51After profiting from this wave of war dividends
02:54There seems to be no intention to expand investment.
02:56Green energy transition
02:57The report mentioned
02:58BP
03:00Significantly cut investment in renewable energy
03:02Shall also lowered its carbon reduction targets.
03:05International civil society organizations strongly criticize
03:07The giants are enjoying the profits from high oil prices.
03:11On the one hand, it is regressing on climate commitments.
03:13Leaving this huge carbon debt to the next generation
03:17Audio
03:20Audio
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