British energy giant BP said that its oil trading operations have been “exceptional” in the first quarter as the Middle East war triggered volatility on global markets, AFP reports.
Ahead of posting its full January-March earnings later this month, BP said the performance was a marked reversal from “weak” oil trading in the final three months of 2025.
Oil prices have soared since the start of the US-Iran conflict on February 28, often swinging violently in response to the war’s latest headlines.
