BP has reported a surge in profit after the disruption to fuel supplies caused by the war in Iran turbocharged its margins. The FTSE 100 firm reported earnings of $8.5bn (£6.3bn) for the third quarter, a near-quadrupling compared to the same period last year, smashing analyst estimates.
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October 30, 2026 at 8:25 AM
BP shares lift as oil giant cheers surge in profit
CityAM
Excerpt from CityAM.