www.mediafax.ro/economic/razboiul-din-iran-aduce-p

BP reported a record quarterly profit of $8.46 billion, significantly higher than last year, driven by rising oil prices due to geopolitical tensions. The company's refining margins surged, contributing to its financial success. BP's cash flow from operations reached $14.8 billion, allowing it to reduce net debt ahead of schedule. A portion of the profits will be allocated to settle remaining liabilities from the Deepwater Horizon disaster. Despite accounting impairments related to energy transition investments, BP's results reflect favorable conditions in the oil industry, similar to those reported by Shell and TotalEnergies. An update on BP's strategy is expected in December.