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BP announced a profit of $5.7 billion for the second quarter of 2026, the highest since 2022. The profit increase is linked to rising oil prices due to geopolitical tensions, including the Iran conflict, prompting criticism from environmental groups regarding potential profiteering.
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BP announced a profit of $5.7 billion for the second quarter of 2026, the highest since 2022. The profit increase is linked to rising oil prices due to geopolitical tensions, including the Iran conflict, prompting criticism from environmental groups regarding potential profiteering.
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BP's $5.7bn profit highest since 2022 as Iran war pushes up oil price
BP Reports $5.7 Billion Profit in Q2 2026 Amid Rising Oil Prices