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TotalEnergies posts 51% jump in Q1 profit to $5.8 billion

French energy giant reports strong quarterly earnings driven by higher crude prices linked to conflict in the Middle East.

Published Apr 29, 2026, 3:48 AM EDT | WFMZZ

TotalEnergies said Wednesday its net profit rose 51% in the first quarter to $5.8 billion. The company attributed the gain to higher oil prices tied to the war in the Middle East.