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The National (Scotland)
The National (Scotland)
National
Abbi Garton-Crosbie

BP’s £4.2bn Iran ‘war bonus’ fuels anger over UK soaring energy bills

British Petroleum United States Iran United Kingdom Meg ONeill Robert Palmer North Sea Oil
BP profits more than doubled due to the Iran war (Image: PA)

BP has been slammed for raking in billions from a “war bonus” boosted by the US-Iran conflict, while UK households face soaring energy bills.

The FTSE 100 company revealed its preferred profit measure – underlying replacement cost profit – surged by around 78% to 5.7 billion US dollars (£4.2 billion) for the second quarter of 2026, compared with the previous three months.

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