{"id":29655,"date":"2026-04-29T17:00:00","date_gmt":"2026-04-29T16:00:00","guid":{"rendered":"https:\/\/www.funminews.com\/?p=29655"},"modified":"2026-04-29T17:00:26","modified_gmt":"2026-04-29T16:00:26","slug":"totalenergies-q1-profits-surge-as-middle-east-war-stalls-talks","status":"publish","type":"post","link":"https:\/\/www.funminews.com\/index.php\/2026\/04\/29\/totalenergies-q1-profits-surge-as-middle-east-war-stalls-talks\/","title":{"rendered":"TotalEnergies Q1 Profits Surge as Middle East War Stalls Talks"},"content":{"rendered":"\n<p><strong>PARIS (FN)<\/strong> TotalEnergies reported a sharp rise in first-quarter profits as global oil prices surged amid stalled peace talks in the Middle East, underscoring the impact of geopolitical tensions on energy markets.<\/p>\n\n\n\n<p>The French energy giant said net income climbed significantly compared to the same period last year, driven by higher crude prices and strong refining margins. Brent crude averaged above $100 per barrel during the quarter, boosted by supply disruptions linked to the ongoing conflict and the partial blockade of the Strait of Hormuz.<\/p>\n\n\n\n<p>Chief Executive Patrick Pouyann\u00e9 noted that while the company benefited from elevated prices, volatility remains a concern. \u201cThe market is extremely sensitive to geopolitical developments. Our priority is to maintain operational resilience and ensure supply to customers worldwide,\u201d he said.<\/p>\n\n\n\n<p>The International Energy Agency has described the current situation as one of the largest supply shocks in history, with vessel traffic through Hormuz dropping sharply. Analysts warn that prolonged disruption could trigger inflationary pressures globally, even as energy companies post record earnings.<\/p>\n\n\n\n<p>TotalEnergies said it will continue investing in liquefied natural gas and renewables to balance its portfolio, but acknowledged that fossil fuels remain the backbone of its profitability.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PARIS (FN) TotalEnergies reported a sharp rise in first-quarter profits as global oil prices surged amid stalled peace talks in the Middle East, underscoring the impact of geopolitical tensions on energy markets. The French energy giant said net income climbed significantly compared to the same period last year, driven by higher crude prices and strong [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":29656,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[2,2096,776,4,478,5,458],"tags":[13661,13660,13663,13631,13659],"class_list":["post-29655","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-economics","category-educational","category-featured","category-financial","category-international","category-legal","tag-global-energy-market-volatility","tag-oil-prices-middle-east-conflict","tag-patrick-pouyanne-statement","tag-strait-of-hormuz-blockade","tag-totalenergies-q1-2026-earnings"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.funminews.com\/wp-content\/uploads\/2026\/04\/TotalEnergies.webp?fit=1080%2C720&ssl=1","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.funminews.com\/index.php\/wp-json\/wp\/v2\/posts\/29655","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.funminews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.funminews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.funminews.com\/index.php\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.funminews.com\/index.php\/wp-json\/wp\/v2\/comments?post=29655"}],"version-history":[{"count":1,"href":"https:\/\/www.funminews.com\/index.php\/wp-json\/wp\/v2\/posts\/29655\/revisions"}],"predecessor-version":[{"id":29657,"href":"https:\/\/www.funminews.com\/index.php\/wp-json\/wp\/v2\/posts\/29655\/revisions\/29657"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.funminews.com\/index.php\/wp-json\/wp\/v2\/media\/29656"}],"wp:attachment":[{"href":"https:\/\/www.funminews.com\/index.php\/wp-json\/wp\/v2\/media?parent=29655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.funminews.com\/index.php\/wp-json\/wp\/v2\/categories?post=29655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.funminews.com\/index.php\/wp-json\/wp\/v2\/tags?post=29655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}