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Oil giant BP announces huge rise in profits in first results since Iran war
The oil and gas producing giant BP has recorded a more than doubling of profits as it benefits from high prices from the Iran war.

Benchmark oil prices have soared since early March as attacks led to the effective closure of the Strait of Hormuz, through which about a fifth of the world's oil and liquified natural gas flows.

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BP has been a significant beneficiary; its results for the first three months of its financial year show its underlying profits hit $3.198bn (£2.366bn).

This is even better than the doubling to $2.7bn (£1.99bn) that analysts had expected.

A year earlier, that profit measure had been $1.381bn (£1.021bn).

BP was explicit about the contribution of higher oil prices. The profit "reflects exceptional oil trading", it said.

Well placed to benefit

Oil has consistently cost more than $100 a barrel since the outbreak of war but only one month of higher prices featured in the results released on Tuesday.

It made such high profits during the three months, on oil averaging $82.80 a barrel for the benchmark Brent crude.

That means it has not yet fully benefited from more expensive oil and that profits are likely to rise yet further.

At the same time, BP has not been badly hit by war in the Middle East; most of its production is in North America, meaning it can benefit from higher prices while experiencing minimal disruption.

It did say, however, that production volumes and fuel margins "remain sensitive to conditions and developments in the Middle East".

Its share price is up 2.5% on Tuesday morning.

The longer oil prices remain elevated, the worse the cost-of-living impact is going to be on households and businesses. The energy price cap is widely expected to rise by hundreds of pounds for a typical home in July.

What about tax?

Fossil fuel producers are still subject to a windfall tax called the energy profits levy, imposed in the wake of Russia's invasion of Ukraine, after which some companies had record profits.

This was reflected in the fact BP paid a headline tax rate of 78% on its taxable profits from its North Sea business.

Energy Secretary Ed Miliband said, "Profiting from a crisis is morally and economically wrong."

Referencing the energy profits levy, Mr Miliband said "taxing these windfall profits to help fund support with the cost of living".

Overall, though, BP said its effective tax rate was lower this year than last.

Its effective tax rate on profits was 43%, compared with 69% for the same period in 2025.

Reaction

Environmental groups have reacted angrily to the results

"The oil industry's capacity to profiteer from human misery is almost limitless," said Greenpeace climate campaigner Maja Darlington.

Oil companies, "destroy the climate, push up the cost of living, and rake in billions in profit while innocent civilians die", said Patrick Galey, the head of news investigations at NGO Global Witness.

He added, "It's well overdue that we make oil companies pay for the damage they're doing. If they broke it, they need to fix it. It's clear they can afford to."


Gunman opens fire in Athens - several people wounded
A gunman has opened fire at two locations in central Athens, wounding several people, Greek authorities say.

Police are searching for the suspect, said to be an 89-year-old man, according to local media.

The attacker was armed with a shotgun and initially opened fire at a social security office in the centre of the Greek capital, wounding an employee.

The injured man suffered shrapnel wounds to his legs and was taken for treatment. His life was not in danger according to initial assessments, local media reported.

Alexandros Varveris, head of the National Social Security Fund, said that the gunman had gone to the fourth floor of the social security fund's offices in the Kerameikos area of central Athens and opened fire after calling out to an employee "to duck".

His shot hit another employee, who was wounded in the leg, Mr Varveris said.

"He went in, went up to the fourth floor, raised his shotgun, told an employee to duck and hit another one," Varveris told ERT radio. He said it didn't appear that the gunman specifically targeted the employee he hit.

The same man was suspected of later opening fire on the ground floor of a court building in Athens, with several people wounded there, police said.

The motive was unclear. Witnesses described him as tall and thin, and wearing a blue trench coat under which he was hiding his gun.

The gunman had reportedly thrown envelopes with documents onto the floor after opening fire at the courthouse, saying those were the reasons for his actions, local media said.

Footage from state broadcaster ERT News showed ambulance crews transporting at least three people from the courthouse to waiting ambulances.


Jimmy Kimmel defends Melania joke after Trumps call for his sacking
Donald and Melania Trump have called for Jimmy Kimmel to be sacked after the late-night talk show host made a joke about the first lady.

Just days before the shooting in Washington, at the White House Correspondents Association (WHCA) dinner, Kimmel did the sketch about the event on his programme Jimmy Kimmel Live!.

He joked Mrs Trump had a "glow like an expectant widow", but on Monday responded to criticism, defending his joke as a reference to the couple's age difference and "not, by any stretch of the definition, a call to assassination".

Posting on Truth Social, the US president said Disney and ABC should immediately sack the comedian, who was briefly taken off-air last year over comments about the killing of Trump supporter Charlie Kirk.

Mr Trump wrote: "I appreciate that so many people are incensed by Kimmel's despicable call to violence, and normally would not be responsive to anything that he said, but this is something far beyond the pale."

In a post on X, the first lady said Kimmel's "hateful and violent rhetoric" intends to divide the US.

"His monologue about my family isn't comedy - his words are corrosive and deepen the political sickness within America."

She described Kimmel as a "coward", accused him of spreading hate and claimed ABC was protecting him.

"Enough is enough. It is time for ABC to take a stand. How many times will ABC's leadership enable Kimmel's atrocious behaviour at the expense of our community," she wrote.

There has been no comment from ABC, but it poses a test for Disney CEO Josh D'Amaro, who took over last month.

Kimmel agrees with Melania

Kimmel used the opening monologue of his show on Monday to address the Trumps' response.

"It was a very light roast joke about the fact that he's almost 80 and she's younger than I am," Kimmel said. "It was not by any stretch of the definition a call to assassination."

He then responded to the first lady's comments: "I agree that hateful and violent rhetoric is something ⁠we should reject.

"I do, and I think a great place to start to dial that back would be to have a conversation with your husband about it."

The comedian played a clip of a CBS News' "60 Minutes" Sunday interview in which ‌Mr Trump called senior correspondent Norah O'Donnell "a disgrace" for reading an excerpt from the alleged gunman's writings and seeking a response.

What did the sketch actually show?

The sketch depicted Kimmel in a tuxedo, standing behind a podium pretending to deliver a comic routine for the WHCA dinner with "cutaways" to the Trumps.

"Our first lady, Melania, is here. So beautiful. Mrs Trump, you have a glow like an expectant widow," he joked.

There was no indication Kimmel was referring to violence in the sketch.

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Kimmel chokes up over Charlie Kirk

Kimmel has long targeted Mr Trump in his comedy and is no fan of the president. He came close to tears following the Republicans' 2024 election win, describing it as a "terrible night".

His suspension for comments about the assassination of right-wing influencer Kirk in September was met with criticism towards the administration for infringing on freedom of speech, leading to Kimmel's reinstatement five days later.

On his return, Kimmel said it was "never my intention to make light of" Kirk's death, adding that he did not think there was anything funny about it.


Man pleads guilty over terror plot to attack Taylor Swift concert - reports
A man accused of pledging allegiance to the Islamic State and plotting to attack Taylor Swift concerts in Vienna has pleaded guilty on the opening day of his trial, according to Austrian media.

The plot was thwarted but authorities still had to cancel three performances by the pop superstar in August 2024.

Austrian outlets Kurier and Kronen Zeitung said 21-year-old Beran A - his full name cannot be published due to the country's privacy rules - pleaded guilty to charges related to the terror plot. It is unclear what other charges he pleaded guilty to.

Beran A faced charges including terror offences and membership in a terrorist organisation, he was arrested on 7 August 2024, the day before the first of three planned concerts.

His defence attorney had previously said he planned to plead guilty to most of the charges.

If convicted, he could face up to 20 years in prison.

Beran A will go on trial alongside Arda K. They, along with a third man, planned to carry out simultaneous attacks in Saudi Arabia, Turkey and the UAE during Ramadan in 2024 in 2024, authorities say.

Beran A and Arda K did not carry out their attacks.

Only Beran A is charged in connection with the Taylor Swift plot.

Authorities say he planned to target onlookers outside Ernst Happel Stadium - where up to 30,000 were expected to gather each night, with another 65,000 inside the venue - with knives or homemade explosives.

He hoped to "kill as many people as possible", authorities said previously.

Beran A is suspected of networking with other members of the ISIS terror group before his planned attack.

Prosecutors say they discussed purchasing weapons and making bombs, and that the defendant also sought to illegally buy weapons in the days ahead of the performance.

Bomb-making materials were found at his apartment on the day before the concerts were scheduled to begin.

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"Having our Vienna shows cancelled was devastating," Swift wrote in a statement posted to Instagram two weeks later.

"The reason for the cancellations filled me with a new sense of fear, and a tremendous amount of guilt because so many people had planned on coming to those shows."

The trial is expected to last until 12 May.


Dances With Wolves actor jailed for life for sexual assaults against indigenous women and girls
Dances With Wolves actor Nathan Chasing Horse has been jailed for life for sexually assaulting indigenous women and girls for nearly 20 years.

A jury in Nevada previously found him guilty of 13 out of the 21 charges after hearing he exploited his position as a spiritual leader.

Warning: This story contains descriptions of sexual abuse

The 49-year-old has continued to deny the charges, which mostly relate to sexual assaults between 2003 and 2020.

"This is a miscarriage of justice," he told the judge on Monday, who said she was struck by his continued denials despite the evidence.

"You preyed on these women's trusts and their spirituality, and you manipulated them for your own personal gratification," Judge Jessica Peterson said before she announced his sentence.

Wearing a navy blue prison uniform, Chasing Horse stared straight ahead as victims read their statements.

"There is no way to get back the youth, the childhood loss, my first time, my first kiss, the graduation I never got to have," one woman told the court.

The victim, who was 14 when Chasing Horse assaulted her, added: "The life that little girl could have lived has been taken from me forever."

When the hearing adjourned, more than a dozen people in the courtroom clapped.

Chasing Horse exploited fame

Following his appearance as the young Sioux tribe member Smiles a Lot in Kevin Costner's 1990 Oscar-winning film Dances With Wolves, Chasing Horse travelled across Indian Country to attend powwows and perform healing ceremonies.

He was arrested in 2023 near the North Las Vegas home he is said to share with his five wives.

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During his trial, Nevada prosecutors said Chasing Horse used his reputation as a Lakota medicine man to prey on his victims.

The former actor was first arrested and charged in 2023, with police in other US states and at least two Canadian provinces also pursuing criminal charges.

He spun 'web of abuse'

During the trial, deputy district attorney Bianca Pucci said that for almost 20 years, Chasing Horse "spun a web of abuse" that ensnared many women.

Multiple victims described how they participated in his ceremonies or went to him for medical help.

He allegedly told one girl, when she was a teenager, that the spirits wanted her to give up her virginity to save her mother, who was diagnosed with cancer.

He then sexually assaulted her and told her that if she told anyone, her mother would die, according to Pucci. The sexual assaults continued for years, Pucci said.

Chasing Horse will be eligible for parole after serving for 37 years.


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