World Business Report - Why are oil company profits so high?

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Oil companies are seeing their profits spike as the Iran war continues, but President Trump says they're making too much money. So why are profits so high? Sarah Rogers takes a look. Plus, how would you feel if the government was allowed to access data from your phone? US tech giant Apple has confirmed it has launched a new legal complaint against the UK government for trying to do just that.

Published on Tuesday, 4th August 2026.

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