For Context:
In 2021, Exxon recorded a $15.6 billion profit. In 2020, when demand cratered as a result of the COVID-19 pandemic, Exxon lost money for the first time in decades, according to Fortune. Exxon’s record setting year is being widely attributed to two factors— geopolitical turmoil stemming from Russia’s ongoing invasion of Ukraine and the continued recovery from the pandemic.
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