{"id":697021,"date":"2026-04-28T00:00:00","date_gmt":"2026-04-28T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?p=697021"},"modified":"2026-04-28T12:14:01","modified_gmt":"2026-04-28T12:14:01","slug":"us-iran-deadlock-continues-as-bp-gains-double-on-energy-surge","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2026\/04\/28\/us-iran-deadlock-continues-as-bp-gains-double-on-energy-surge\/","title":{"rendered":"US-Iran deadlock continues as BP gains double on energy surge"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good afternoon, friends, and happy hump day.<\/strong> It\u2019s another quiet day at home, with more of the same headlines making the rounds abroad. Thinking of ordering in this afternoon? We\u2019ve got you covered with <strong>one of our newest obsessions: Kak Squad<\/strong>. While you wait for your meal, we\u2019ll also be answering a burning question we\u2019d wager has crossed your mind at one point or another: <strong>Who\u2019s actually paying for your pro-bono food delivery? <\/strong>That and more. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>But first, the news\u2026<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">THE BIG STORY ABROAD-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> \ud83c\udf10 <strong>US-Iran negotiations continue to lead the global news <\/strong><strong>cycle<\/strong>, with US President Donald Trump skeptical of Iran\u2019s latest proposal to reopen the Strait of Hormuz. Trump specifically pointed to Iran\u2019s failure to meet his key demand of fully curbing its nuclear program. Meanwhile, German Chancellor Friedrich Merz says the US is being \u201chumiliated\u201d by Iran as stalled negotiations highlight a lack of clear strategy from the US. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">^^Read more on: <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-04-28\/trump-to-address-iran-proposal-very-soon-as-oil-rises-further\" style=\"\">Bloomberg<\/a>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/asia-pacific\/trump-not-happy-with-latest-iran-proposal-end-war-us-official-says-2026-04-28\/\" style=\"\">Reuters<\/a>, <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/0a666824-4686-417c-9c1a-1393942cb3db?syn-25a6b1a6=1\" style=\"\">Financial Times<\/a>, and <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/livecoverage\/iran-war-strait-of-hormuz-2026\/card\/trump-skeptical-of-iran-s-strait-of-hormuz-proposal-yfZJdCRC30cbHKPOk0Yf\" style=\"\">Wall Street Journal<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN THE BUSINESS PRESS-<\/strong> British oil giant BP reported 1Q earnings earlier today, with gains doubling y-o-y. The company posted USD 3.2 bn in underlying replacement cost NP, surpassing analyst expectations of around USD 2.6 bn. The numbers reflect the Iran war-driven surge in oil and gas prices \u2014 the company says that oil trading was \u201cexceptional\u201d during the first three months of the year. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">^^Read more on: <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-04-28\/bp-profit-jumps-as-oil-trading-boomed-during-iran-war\" style=\"\">Bloomberg<\/a>, <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2026\/04\/28\/bp-q1-earnings-oil-energy.html\" style=\"\">CNBC<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a href=\"https:\/\/sub.ent.news\/menaplus\/\" target=\"_blank\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2026\/4\/1016.jpg?ssl=1\"\/><\/a> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Meet EnterpriseAM MENA+<\/strong>, our new flagship newsletter covering the flows of capital, people, and ideas across the Middle East \u2014 and beyond it.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MENA+ covers AI and tech <\/strong>\u2014 and geopolitics, the war for talent, which BSD is on top (and who's gunning for them), the changing energy economy, new corridors to India and China, and much, much more.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What's with the \"+\" in MENA+? <\/strong>We think one of the most powerful stories in the region is the *export* of ideas and capital not just to neighboring regions (Asia, the Stans) but to international financial centers. MENA countries are jockeying for position in the new global economy now taking shape, and we're going to shape that conversation.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Tap or click here to get your own copy delivered to your inbox<\/strong> every Monday, Wednesday, and Friday at 12pm UAE | 11am KSA | 11am Egypt.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"\/egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** CATCH UP QUICK<\/strong> on the top stories from today\u2019s <strong>EnterpriseAM:<\/strong><\/p>\n<ul>\n<li><strong>Cairo-based adtech startup Amzolute <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/04\/28\/inventel-fully-acquires-adtech-startup-amzolute\/\" style=\"\">sold 100% of its business<\/a><\/strong> to US-based product commercialization firm InvenTel;<\/li>\n<li><strong>CIRA Education<\/strong> <strong><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/04\/28\/cira-education-is-looking-at-ma-and-westward-expansion-as-it-reports-rising-net-income-in-1q\/\" style=\"\">saw its normalized net income rise<\/a><\/strong><strong> 67% y-o-y in 1H of FY 2025\/26 to EGP 678.3 mn. <\/strong>The increase was supported by a 31% y-o-y rise in revenues to EGP 2.8 bn, as growth in the higher education segment helped offset a tougher comparison base in K-12;<\/li>\n<li><strong>Construction giants Orascom Construction and Arab Contractors will <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/04\/28\/orascom-construction-arab-contractors-land-jordans-largest-infrastructure-project\/\" style=\"\">build Jordan\u2019s largest-ever infrastructure project<\/a><\/strong><strong>.<\/strong> The project centers on building an 851k cbm\/d facility in the Gulf of Aqaba \u2014 set to be the second-largest reverse osmosis plant in the world.<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\u2600\ufe0f <strong>TOMORROW\u2019S WEATHER-<\/strong> We\u2019re in for warm, sunny weather in Cairo tomorrow, with temperatures reaching a high of 30\u00b0C, and a low of 15\u00b0C, according to our favorite weather app.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good afternoon, friends, and happy hump day. It\u2019s another quiet day at home, with more of the same headlines making the rounds abroad. Thinking of ordering in this afternoon? We\u2019ve got you covered with one of our newest obsessions: Kak Squad. While you wait for your meal, we\u2019ll also be answering a burning question we\u2019d [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":697022,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7213],"tags":[93,633,716,117,634],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-697021","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-tonight","tag-energy","tag-enterprisepm","tag-iran","tag-us","tag-what-were-tracking-tonight","wpautop","entry"],"acf":{"mongo_id":"2acc981c-d1dd-4082-9464-7a1fa64443cc","order":"1","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2026\/4\/1453.jpg","photo_position":"above","homepage_title":"","full_issue_title":"US-Iran deadlock continues as BP gains double on energy surge","related_issue":[697019],"teaser":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>US-Iran deadlock continues as BP gains double on energy surge - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/04\/28\/us-iran-deadlock-continues-as-bp-gains-double-on-energy-surge\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US-Iran deadlock continues as BP gains double on energy surge\" \/>\n<meta property=\"og:description\" content=\"Good afternoon, friends, and happy hump day. It\u2019s another quiet day at home, with more of the same headlines making the rounds abroad. Thinking of ordering in this afternoon? We\u2019ve got you covered with one of our newest obsessions: Kak Squad. 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