Economic data

BP profit quadruples as Iran war sends refining margins soaring and debt tumbles

EuroNews30 October 2026, 11:07 UTCIran

BP's net profit quadrupled between July and September as the Iran war sent refining margins and oil prices soaring, with the British energy giant beating forecasts and cutting its net debt by $8.4 billion (€7.5bn) ahead of a strategy update in December.

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