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At close · Mon, Aug 3, 2026
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HomeCommoditiesEnergyBP profit more than doubles as Trump criticizes Big Oi…

BP profit more than doubles as Trump criticizes Big Oil’s pricing

The company’s stronger earnings arrive after the U.S. president attacked Big Oil over profits tied to higher fuel prices amid the Iran war.

BP reported that its profit more than doubled, according to CNBC Markets, with the result landing amid heightened U.S. political pressure on the oil industry.

CNBC World said the earnings came after President Donald Trump criticized Big Oil for making too much money off higher fuel prices, framing the issue in the context of the Iran war.

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