BP Reports Surge in Profits for Q2 2026 Amid Middle East Conflict

Oil prices have jumped significantly as heightened tensions in the Middle East raise concerns about potential disruptions to global energy supplies.

Brent crude oil has jumped above $100 per barrel, driven by escalating tensions in the Middle East, raising concerns over inflation and economic stability.

Britain's inflation rate increased to 2.9% in July, driven by higher energy bills.

Oil prices have surged past $90 as the likelihood of a US-Iran deal diminishes, driving up global oil prices.

Oil prices jumped significantly as Middle East tensions closed a key Saudi pipeline, while tech firms face pressure over rapid AI development.

German agrichemical giant Bayer reported a return to profit in the second quarter, driven by robust agricultural performance and reduced litigation expenses.

Oil prices jumped more than one percent towards $100 as a fresh flare-up in the Middle East crisis stoked supply concerns, fanning inflation fears.

Cathay Pacific reported a 71% increase in net profit for the first half of 2026, attributed to a surge in passenger demand as travelers avoided the Middle East amid the Iran war.

BNP Acting Secretary General Ruhul Kabir Rizvi stated that the current gas and power crisis in Bangladesh is a result of the global war between the USA and Iran, not an internal failure of the government.

Bangladesh's Piton Industries Limited has signed a memorandum of understanding (MoU) with Oman-based Modern Star Businesses LLC to export electric motorcycles and exchange technology.

The Dhaka Stock Exchange (DSE) block market witnessed a substantial turnover of Taka 21.25 crore today, with significant trades involving several listed companies.

Stocks in Dhaka extended their losing streak as sharp price falls in large-cap shares intensified selling pressure, highlighting continued market weakness.

The government has decided to procure six new liquefied natural gas (LNG) cargoes to address the increasing energy demand in the country.

The Bangladesh Standards and Testing Institution (BSTI) destroyed more than 600 water jars in Motijheel for supplying unhygienic water without quality certification.

Standard Chartered Bangladesh recently convened the inaugural Financial Markets Leadership Forum, bringing together regulators and nearly 200 industry leaders to discuss the evolving financial markets landscape.

The Dhaka Stock Exchange (DSE) saw a significant drop as investor worries over the market's near-term outlook and ongoing crises deepened.

Bangladesh is participating in the ‘Ready to Show’ fair in Milan, Italy, with 14 companies from the apparel, textile, and leather sectors.

The PRAN-RFL Group has officially inaugurated a Zero Discharge Plant at its Habiganj Industrial Park, marking a significant step towards sustainable industrial practices.

The Bangladesh Chamber of Industries (BCI) held a workshop to train entrepreneurs and professionals on the Public Procurement Act, Public Procurement Rules, and the e-GP system.

Rising oil prices, record diesel costs, and persistent inflation in the US have intensified investor concerns about an imminent Federal Reserve rate hike, potentially impacting global economic growth.

Asian stocks experienced significant declines as rising oil prices and inflation fears led to increased expectations of rate hikes.

Bangladesh fast bowlers Taskin Ahmed and Ebadot Hossain inspired aspiring fast bowlers to focus on speed and accuracy during the launch of the nationwide Robi Bowler Hunt programme.

Barcelona coach Hansi Flick has publicly endorsed Lamine Yamal's bid for the Ballon d'Or, highlighting the young winger's self-confidence and exceptional performance this season.

Gas supply to industrial units across Bangladesh has started improving, bringing relief to businesses.

President Mirza Fakhrul Islam Alamgir called for increased investment in Sylhet’s tourism, tea, fisheries, and other industries.

Robi Axiata and the Bangladesh Cricket Board (BCB) have launched 'Robi Bowler Hunt', a nationwide initiative to identify and develop promising fast bowlers and spinners.

Saudi Crown Prince Mohammed bin Salman has arrived in Cairo to meet Egyptian President Abdel Fattah al-Sisi amid rising tensions over Houthi control of the Bab al-Mandab Strait.

Moody's Ratings has improved Bangladesh’s sovereign outlook to stable from negative, citing a strengthened external position and eased political and economic pressures.

National Test captain Nazmul Hossain Shanto emphasizes the Bangladesh Premier League's (BPL) importance in providing opportunities for young players.

With the Ballon d'Or voting closing in, top football stars are aggressively campaigning for the prestigious award.

The World Trade Organization (WTO) has warned of the most serious and sustained trade disruptions in living memory, with potential severe economic consequences.

Russia has called for space to remain free of weapons following the US deployment of 'on-orbit space control weapons'.

The Kremlin has welcomed US President Donald Trump's proposal for a truce between Russia and Ukraine on striking energy targets.

Nearly five million people in Bihar, India, are grappling with the aftermath of severe flooding, as authorities work to provide essential aid and relief.

NATO fighter jets shot down a drone over Lithuania, highlighting heightened security concerns on the alliance's eastern flank amid Russia's ongoing war with Ukraine.

The government has proposed a Tk 1,153.60 crore project to expand the existing Barishal Cantonment at Lebukhali into a full-fledged international-standard military facility.

Chinese Ambassador Yao Wen visited BNP Acting Secretary General Ruhul Kabir Rizvi to discuss strengthening bilateral ties.

US President Donald Trump dismissed fears about the dangers of artificial intelligence, calling them a hoax and rejecting global calls for AI regulation.

Dr Zubaida Rahman, Vice-President of Ziaur Rahman Foundation, emphasizes the need for a supportive environment for children to develop their talents and realize their full potential through quality education, healthcare, sports, and opportunities to engage with nature.