{"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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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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It\u2019s a relatively lighter day in Om El Donia as tensions begin to ease following the overnight announcement of a two-week ceasefire between the US and Iran \u2014 we\u2019ve got the latest below.While our city\u2019s usual late-night hum has been silenced by the new 9pm\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2026\/4\/417.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":667063,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/06\/18\/israel-could-resume-natgas-exports-as-soon-as-tomorrow\/","url_meta":{"origin":697021,"position":1},"title":"Israel could resume natgas exports as soon as tomorrow","author":"enterpriseam admin","date":"18 June 2025","format":false,"excerpt":"Good afternoon, all. We\u2019re racing towards the final stretch of the week and into the weekend.THE BIG STORY TODAY- Israel may restart natural gas supplies to Egypt as early as Thursday, but domestic demand will continue to take priority over exports, Bloomberg reports, citing Israeli Energy Minister Eli Cohen.BACKGROUND- Over\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/5\/978.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":696536,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/04\/27\/us-iran-negotiations-remain-at-a-standstill-china-blocks-metas-usd-2-bn-ai-deal\/","url_meta":{"origin":697021,"position":2},"title":"US-Iran negotiations remain at a standstill + China blocks Meta\u2019s USD 2 bn AI deal","author":"enterpriseam admin","date":"27 April 2026","format":false,"excerpt":"Good afternoon, folks, and welcome back. It\u2019s another quiet day at home and we\u2019ve got a brisk issue for you this afternoon. We take a look at a 17th-century Old Cairene mansion that has survived centuries of dynastic shifts and decades of neglect, break down why Apple TV\u2019s latest original\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2026\/4\/1380.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":692180,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/04\/06\/libyan-crude-to-become-part-of-egypts-oil-import-mix\/","url_meta":{"origin":697021,"position":3},"title":"Libyan crude to become part of Egypt\u2019s oil import mix","author":"enterpriseam admin","date":"6 April 2026","format":false,"excerpt":"Good afternoon, ladies and gents. 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Want to partner with us?\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/1\/2098.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":694814,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/04\/19\/iran-warns-of-no-compromise-in-us-ceasefire-talks-as-hormuz-standoff-deepens\/","url_meta":{"origin":697021,"position":5},"title":"Iran warns of no compromise in US ceasefire talks as Hormuz standoff deepens","author":"enterpriseam admin","date":"19 April 2026","format":false,"excerpt":"\ud83d\udc4b Good afternoon, folks, and welcome to the start of a new \u2014 and this time, full \u2014 workweek. We\u2019ve got a somewhat packed issue for you this afternoon, but one we hope will fly by. 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