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diplomacyAug 4, 2026
War Windfall: BP Profits Double To $5.7 Billion As Iran Conflict Keeps Oil Elevated
Summary
BP posted its strongest quarterly profit in four years after higher oil prices, fuelled by the Iran conflict, boosted earnings in the April-June quarter. The energy major reported a profit of $5.73 billion for the three months ended June, more than double the $2.35 billion it earned in the same period last year.
Actors involved
USIranRussiaUkraine
Sources
- Noor Ul HaqBy Noor Ul Haq
BP posted its strongest quarterly profit in four years after higher oil prices, fuelled by the Iran conflict, boosted earnings in the April-June quarter. The energy major reported a profit of $5.73 billion for the three months ended June, more than double the $2.35 billion it ear…
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