Norways national oil companys profits double to $11.5bn amid war on Iran

Equinor benefits from decision to increase oil and gas production during strait of Hormuz blockadesBusiness live - latest updatesProfits at Norways state oil company nearly doubled to $11.5bn (£8.6bn) in the three months to the end of June as the jump in oil and gas prices caused by the war against Iran boosted earnings.Equinor- which is the UKs biggest gas supplier - benefited from a decision to increase oil and gas production at the start of the conflict, filling a gap in the market after a n...