TotalEnergies reports that its oil trading profit nearly doubles to about $1 billion in the first quarter, according to comments from Chief Executive Officer Patrick Pouyanné. Multiple outlets say the increase follows a period in which the company expanded its crude buying ahead of the Iran conflict. The reporting characterizes the quarter’s improvement as the result of stronger trading results tied to the timing of crude purchases made during the run-up to heightened geopolitical risk involving Iran. The sources converge on the core figures—oil trading gains doubling to roughly $1 billion—while linking the performance to the company’s trading strategy in the period before the Iran war. Both outlets attribute the information to Pouyanné’s remarks and describe the outcome in terms of first-quarter results. No additional details on revenue, segment breakdowns, or specific volumes are provided in the excerpts.