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BP p.l.c. (BP) vs. Shell plc (SHEL): Two Oil Majors Cash In on the Iran War, But Tell Different Stories
BP p.l.c. (NYSE:BP) and Shell plc (NYSE:SHEL) both posted big profit jumps this quarter, mainly due to the same Iran-war-driven surge in oil and gas prices that already drew a public attack from President Trump on Exxon and Chevron for making "too much money." However, the two major European energy companies are telling very different stories underneath that …