Blitz Bureau
NEW DELHI: Petroleum giant BP has earned more than double its profit since the conflict with Iran began two months ago, far exceeding last year’s total.
The company posted their first earnings report since the war began. They are the first of the major oil companies to post their quarterly financial performance, the Associated Press reported.
On April 28, BP reported they had earned $3.84 billion, or $1.47 per share. That is compared to last year, where the company earned $687 million, or 26 cents per share. Additionally, BP shares came close to a 52-week high, rising over 1%.
