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European Oil Majors Profit Billions Amid Iran War Volatility

Major European oil companies have reported significant profits, estimated to be billions of dollars, by trading on the volatility in oil markets. This surge in earnings is attributed to the ongoing tensions and 'Iran war' chaos in the Middle East.

11 May, 04:00 — 11 May, 04:00
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Showing 1 of 4 sources
FTVery High110d ago

Europe’s oil majors reap up to $4.75bn from trading on Iran war volatility

Trading desks at BP, Shell and TotalEnergies outshine US rivals

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Coverage Timeline

First report: FT · 11 May, 04:00Full coverage: 4 · 11hWindow: 11h
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FT11 May, 04:00First to report

Europe’s oil majors reap up to $4.75bn from trading on Iran war volatility

6h later
capital-bg11 May, 10:27

Бизнес глобус: Европейските петролни гиганти печелят над 4 млрд. долара от войната; Китай за първи път изнася повече EV, отколкото традиционни коли

2h later
nzz11 May, 12:15

Ölkonzerne verdienen prächtig am Iran-Krieg – aber eine Krise dieser Grösse bringt ihnen auch Probleme

2h later
berlingske11 May, 14:44Latest update

Europas giganter scorer milliarder på Iran-krigens oliekaos

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