TotalEnergies reported a 29% jump in first-quarter earnings, beating market expectations, supported by strong trading and higher oil prices linked to the Iran war. The conflict also disrupted regional supply, taking about 15% of Total's upstream production offline, but the earnings beat dominates the headline.
TotalEnergies reported a 29% jump in first-quarter earnings, beating market expectations, supported by strong trading and higher oil prices linked to the Iran war. The conflict also disrupted regional supply, taking about 15% of Total's upstream production offline, but the earnings beat dominates the headline.
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