
BP Profits Soar Amid Iran War, Critics Cry Foul
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BP Profits Soar Amid Iran War, Critics Cry Foul
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UK News Today | 2 Min News | The Daily News Now! — BP Profits Soar Amid Iran War, Critics Cry Foul. Machine-transcribed; use the interactive transcript above to jump the player to any line.
On April 28, BP just dropped their first quarter numbers, and profits more than doubled to $3.2 billion, thanks to skyrocketing. Oil and gas prices tied to the war in Iran. That junk comes from $1.38 billion last year, blowing past analyst expectations of $2.67 billion with oil. Trading playing a huge role in the windfall. Oil prices shot up since the US Israel strikes kicked off in late February, blocking the strait of Hormuz and choking off key shipping lanes. New BP chief Meg O'Neil says her team is grinding nonstop to keep energy supply steady amid the chaos, while fears mount over jet fuel shortages. That could ground flights everywhere. Critics like those that global witness are calling it out, saying it's grim how big oil cash is in on suffering, just like during the Ukraine Mass a few. Years back, as this conflict drags on,
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