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BP profits jump as Middle East conflict drives up oil refining margins

BP's profits have skyrocketed to $8.46 billion for the third quarter, a significant increase from $2.2 billion last year. This rise is driven by heightened oil and gas prices due to ongoing conflicts in the Middle East, despite criticism fr...

The Guardian· Oct 30, 2026 · 9:31 AM · 6 views

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BP's profits have skyrocketed to $8.46 billion for the third quarter, a significant increase from $2.2 billion last year. This rise is driven by heightened oil and gas prices due to ongoing conflicts in the Middle East, despite criticism from climate advocates. Full story and more reels: https://newsreel.video #news #breaking #BP #oil #MiddleEast #profits #refining #energy

Originally reported by The Guardian. Read the full story →

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