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energyLOWIR2026-04-28 21:07 UTC

BP doubles its profits as Iran war elevates oil prices

BP doubles its profits as Iran war elevates oil prices

BP earned $3.2 billion in the first quarter, the energy giant reported Tuesday — an exponential increase in its profits that beat market projects amid the rising cost of oil due to the Iran war.  It’s the company’s highest profit in three years and first reported sign of growth under CEO Meg O'Neill

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