# BP posts $5.7bn profit, highest since 2022, as Iran war lifts oil prices

BP reported a $5.7bn quarterly profit, its highest since 2022, driven by surging oil prices linked to the Iran conflict. The result underscores how Middle East instability is boosting energy companies' earnings while keeping global markets on edge.

**Importance:** 3/5

## Sources

### Business
- [BBC Business](https://www.bbc.co.uk/news/articles/cg5l11m02j3o?at_medium=RSS&at_campaign=rss) — Tue, 04 Aug 2026 10:07:05 GMT
- [BBC Business](https://www.bbc.co.uk/news/articles/c20zgjzz0e4o?at_medium=RSS&at_campaign=rss) — Wed, 05 Aug 2026 11:19:44 GMT