BP's Profits Surge Amid War: A Symptom of a Deeper Problem BP's latest quarterly profits have more than doubled to $5. 7 billion, thanks in part to volatile energy prices during the Iran war.
The windfall is a boon for shareholders but also raises questions about corporate accountability and profiteering from global conflict.
The sharp increase in BP's underlying replacement cost profit has been attributed to its refining and trading business benefiting from rising prices during the Iran war.