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In the first quarter of 2026, Barclays reported steady growth buoyed by trading volatility linked to the Iran war, although concerns over rising loan losses tempered overall sentiment, while BP's profits surged to $3.2 billion, driven by exceptional oil trading amid fluctuating prices during the conflict. #FinanceNews #OilMarket #BankingSector #GB #IR #AE #OM #IQ

How the Iran war boosted profits at BP and Barclays