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📈 Business

BP posts $5.7bn profit — highest since 2022 as Iran war pushes oil prices up

BP reported a profit of $5.7 billion, its highest since 2022, boosted by rising oil prices driven by the conflict involving Iran. The strong results have drawn criticism from environmental groups, who accuse the energy giant of profiteering from the war. The figures mark a significant rebound for the company.

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