BP profits more than double as Iran war sends oil prices soaring
•BP's quarterly profits surged to $5.73 billion, more than doubling from the previous quarter.
•The increase in profits is attributed to rising oil and gas prices amid the ongoing Middle East crisis.
•This marks BP's highest earnings since the onset of the war in Ukraine, reflecting significant disruptions in energy exports.
المصدر: The Guardian | Source: The GuardianEnergy company’s $5.73bn quarterly profits come after Shell posted second highest quarterly earnings on record
BP has reported its highest quarterly profits since the first year of Russia’s war on Ukraine because of rising oil and gas prices caused by the Middle East crisis.
The oil company’s quarterly profits more than doubled to $5.73bn (£4.27bn) in the three months to the end of June, up $2.5bn from the quarter before, as the ongoing conflict in the Middle East continued to disrupt energy exports from the Gulf.
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→BP's quarterly profits surged to $5.73 billion, more than doubling from the previous quarter.
→The increase in profits is attributed to rising oil and gas prices amid the ongoing Middle East crisis.
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