You hit the nail on the head: Greed!
I can give you the Italian example of a large fuel company that with the problem of the war in Ukraine, profits increased by 600%.
Now the question: how can they increase profits by 7 times when "only" the cost of raw material has increased?
Answer: greed!
It is a simple way to bleed money from citizens; fortunately some politicians have taken an interest in the situation. However, we do not know if this money has been returned to businesses and citizens in the form of tax relief.
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Yes most of the oil companies increased their profits to astronomical highs. Hope the governments tax some of them ! Until that’s what they told us they will do in Greece