TotalEnergies SE’s oil trading profits doubled to about $1 billion in the first quarter as the energy giant went on a crude buying spree in the run-up to the Iran war, Chief Executive Officer Patrick Pouyanné said.

Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-06-17/total-oil-trading-gain-doubled-to-about-1-billion-last-quarter)

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