Oil Profits Soar as Middle East War Fuels Backlash Against Big Oil

BP’s profits more than doubled to $5.73 bn in the second quarter, the highest since Russia’s invasion of Ukraine, as the Middle East conflict keeps energy prices soaring. Shell posted its second‑highest quarterly earnings on record, while Saudi Aramco’s net profit jumped 44 % to $32.69 bn. The windfall has drawn a rare bipartisan rebuke: President Donald Trump declared oil companies have made “too much money” and demanded they “cut the retail price, the consumer...