There is a war in the world. The USA and Israel fight against Iran. This war makes oil very dear. Big oil firms like BP and Shell make much money. BP doubles its profit in spring. The firm Aramco makes nearly 33 billion dollars profit.
Donald Trump is the head of the USA. He criticizes the high profit of the oil firms. He says: The firms make too much money. The people pay too much for petrol. Trump wants low prices. In November are big votes in the USA.
A big problem is the street of Hormus. This is a vital water path for ships. Many ships with oil and gas move there. The way is unsafe now due to the war. Experts hope for a fast deal. Ships can soon move safe again.
There is a new plan for the water path. Ships shall pay fees for safety. Iran and Oman talk about this. The USA is not sure yet. They want no new tax on the sea. A deal can make oil prices low.
