# BP profit quadruples as Iran war lifts refining margins and debt falls

https://mins.news/en/item/122288

- euronews, 2026-10-30 11:07 UTC
- Economy
- Original: https://www.euronews.com/2026/10/30/bp-profit-quadruples-as-iran-war-sends-refining-margins-soaring-and-debt-tumbles

> BP’s net profit quadrupled from July to September as the Iran war drove up refining margins and oil prices. The British energy company beat forecasts and reduced net debt by $8.4 billion (€7.5 billion) ahead of a strategy update in December.

## Related coverage

- [BP profits jump as Middle East conflict lifts refining margins](https://mins.news/en/item/122052) — The Guardian, 2026-10-30
- [BP’s refining business had a “banner quarter,” CEO says](https://mins.news/en/video/122024) — Bloomberg Television, 2026-10-30
- [BP reports $8.5 billion third-quarter profit as oil prices soar](https://mins.news/en/item/121994) — CNBC, 2026-10-30