TotalEnergies Posts Large Profit from Middle East Oil Investments

Financial outlets describe TotalEnergies as using its trading reach and long-term contracts to profit from disrupted Middle East oil flows, earning over $1 billion during the Iran war. This view stresses that price swings, supply cuts, and changing trade routes have created both risks and opportunities for large energy firms and bond markets. Commentators expect continued volatility in oil, bonds, and shipping costs as long as the conflict and tanker threats continue.

• •TotalEnergies has dominated Middle East crude trading while some competitors scaled back during the conflict.
• •The company’s early bet on securing Middle East barrels during the Iran war produced more than $1 billion in extra profit.
• •Oil prices have repeatedly swung on reports about the Iran war and attacks on tankers such as a Kuwaiti vessel.
• •A roughly 4% drop in oil below $100 a barrel has supported a surge in gilts and other European bonds.
• •Investors expect further sharp moves in energy prices as supply cuts and ceasefire hopes alternate.