The Guardian Australia – Business
·business
·3 hours ago
BP reports $3.2 billion profit, a 130% increase amid soaring oil prices
BP reported a substantial profit increase, reaching $3.2 billion in the first quarter amid soaring oil prices linked to the ongoing US-Israel war on Iran. This marked a 130% rise from $1.38 billion a year prior, driven by strong oil trading operations. Critics have voiced concerns over the impact of rising energy costs on households amidst the conflict.
Summary by Glance · The Guardian Australia – Business
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