BP profit more than doubles as Middle East conflict boosts oil prices

British energy giant BP said on Tuesday that its net profit more than doubled in the second quarter as the Middle East war roiled oil and gas markets.

TOKYO (Kyodo) -- Japan and Mexico agreed to strengthen cooperation in the energy sector during talks between their foreign ministers in Mexico City on

Formula 1 president Stefano Domenicali has confirmed contingency plans are in place for the 2027 F1 calendar if the conflict in the Middle East continues next year.

Marriott Says Middle East Conflict Weighed on Sales  wsj.com

Japan’s Nissan sees profit for latest quarter but warns of Middle East and China woes  Toronto Star

Nissan has reported a $24 million profit for January-March, a reversal from the loss it racked up in the same period a year earlier

Nissan has reported a $24 million profit for January-March, a reversal from the loss it racked up in the same period a year earlier

Japan’s Nissan sees profit for latest quarter but warns of Middle East and China woes  AP News

Japan’s national flag is reflected on a logo of Nissan Motor Co. at its headquarters in Yokohama, Japan, May 13, 2026. REUTERS/Kim Kyung-Hoon 03 Aug 2026 04:32PM YOKOHAMA, Japan, Aug 3 : Nissan reported an operating profit for a fourth consecutive quarter on Monday, as improvements in controlling costs and a weaker yen

Cotality data shows a drop in Brisbane, Adelaide and Perth, as nation’s median home price falls about $19,000 below its March peak Get our breaking news email, free app or daily news podcast House prices have fallen in Brisbane, Adelaide and Perth as the market downturn spreads across Australia. New Cotality data, re

The State Department on Saturday urged Americans across the Middle East to consider leaving the region or be prepared to depart on short notice, warning of flight disruptions and security risks as the conflict with Iran escalates.

IAG said its capacity would remain flat in 2026 compared to 2025, despite having plans earlier this year to grow this by around 3%.

What US President Donald Trump predicted would be a four-to-six-week joint military operation with Israel to dismantle the Iranian regime is fast sliding into a six-month stalemate with no immediate end in sight, writes Washington Correspondent Jackie Fox.