Channel 4 News
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BP profits more than double since Iran war
Posted
April 28, 2026
Views
10,273
Likes
109
Comments
19
Engagement
1.25%
April 28, 2026
10,273
109
19
1.25%
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0:28Now PlayingBP has come under fire after revealing that its profits more than doubled in the first three months of the year thanks to the soaring cost of crude oil caused by the Iran war.
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The London-based multinational said its profits surged by over 130% to a better than expected £2.4 billion between January and March.
Campaigners accused the group of profiting at the expense of households, who have seen fuel prices rocket at the pumps and are set to see energy bills jump when the price cap is updated on July 1.
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