BP has reported a doubling of its profits as the conflict involving Iran reaches its 60-day mark. The surge in financial performance is primarily driven by the increase in global energy prices and supply constraints resulting from the ongoing regional hostilities. This report underscores the significant economic impact of the situation on the global energy sector, as market volatility continues to influence the earnings of major oil and gas companies during the period of geopolitical instability.
- BP’s profits have doubled as of the 60th day of the conflict involving Iran.
- Increased global energy prices have significantly contributed to the company’s financial gains.
- The earnings report comes amid ongoing regional instability and concerns over energy supply chains.
- Market analysts attribute the profit growth to heightened demand and volatility in international oil markets.
The British Broadcasting Corporation is a British public service broadcaster headquartered at Broadcasting House in London. Originally established in 1922 as the British Broadcasting Company, it evolved into its current state with its current name on New Year’s Day 1927.
AllSides Media Bias Rating: Center
https://www.allsides.com/news-source/bbc-news-media-bias
Official website: https://www.bbc.com/
Original video here.
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Sickening.
Yet MORE PROOF that the billionaires ARE MUGGING US OFF, and RIPPING US OFF.
But for some reason a minority of Brits prefer to hate on refugees and Muslims and blame them for everything, rather than turn their hate in to something positive and UNIFY with those of us who KNOW that the TRUE ENEMY of us working class folk ARE THE BILLIONAIRES
Real reason they want to keep the war going
Nothing to do with Britain
Price caps and/or windfall tax now! This country has plenty of money, don't let them deceive you!
Profiteering by BP et al is why we need to rid Earth of every single oil and gas company ASAP.
Of course those who do not give a damm about children born in 3 generations time want their oil and want it cheap
This is what’s wrong with the UK. You hate success.
"War is a racket. It always has been. It is possibly the oldest, easily the most profitable, surely the most vicious. It is the only one international in scope. It is the
only one in which the profits are reckoned in dollars and the losses in lives."
"A racket is best described, I believe, as something that is not what it seems to the majority of people. Only a small "inside" group knows what it is about. It is conducted for the benefit of the very few, at the expense of the very many. Out of war a few people make huge fortunes."
Major General Smedley Butler – US Military – 1935.
They just want to keep us as slaves don’t they?
can you believe this s*** 🤔
Does BBC do a real news channel?
I would be prepared to pay for a news channel that did not have BIS adverts! LOL
points-
not territorial ambition
russian super yacht sail thru no mines, no conflict,
BP profits, incidcate it makes more money when in fact, its suppose to be making less. no?
Oil companies are loving this war.
More Proof they don't need to raise prices they just do for Greed .. vomit on them
All because of Trump's stupidity.
Why are these companies getting and keeping profit when we the general public are suffering daily
But never reduced petrol or diesel price. So greedy
This is the definition of robbing the poor to feed the rich
Dont panic over inflation – said the stinkin rich people
Hence the expression making a killing.
While tax ?