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Business · Video brief

BP hails ‘exceptional’ trading as oil prices soar in Iran war

The Guardian· Apr 14, 2026 · 12:57 PM · 3 views

BP is set to report exceptional earnings amid heightened market volatility due to the ongoing US-Israeli conflict with Iran. With the closure of the Strait of Hormuz, oil prices have surged, leading to increased profits and stronger refining margins for BP. Analysts have upgraded BP's earnings forecast significantly as global oil demand faces uncertainty. #OilPrices #BP #MiddleEastConflict #EnergyMarket #GlobalEconomy

Originally reported by The Guardian. Read the full story →

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BP hails ‘exceptional’ trading as oil prices soar in Iran war

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