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Evening Standard
Evening Standard
Business
Henry Saker-Clark

BP profits soar to four-year high after boost from Iran war

British Petroleum Iran Meg ONeill United States Archaea
BP has revealed a surge in profits for the past quarter (Peter Byrne/PA) - (PA Archive)

BP has been criticised after revealing its strongest quarterly profits for four years after being boosted by volatile energy prices during the Middle East conflict.

It came as new boss Meg O’Neill said she is taking “urgent action” to create more value for shareholders and revealed plans to sell off its US biogas business, Archaea.

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