BP rakes in cash as Brits suffer: Energy giant sees profits DOUBLE to $1bn a MONTH – as Iran chaos sees oil prices surge above $111 again

BP unveiled an extraordinary profits bonanza today as Brits suffer from the Middle East crisis.

The energy giant said it made $3.2billion between January and March – more than double the previous three month period.

The surge was down to an ‘exceptional’ performance in the firm’s trading division, which has benefited from the Iran war’s impact on oil prices. Brent Crude was just short of hitting another new high since the chaos erupted this morning, at $111 a barrel.

It leaves motorists facing more eye-watering prices at the pumps, while ministers have been raising alarm that the ‘Trumpflation’ impact will last at least

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