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Is it game over for the BP share price rally?

Is it game over for the BP share price rally?

Front view of aircraft in flight.

Image source: Getty Images

It’s been a bumpy few weeks for the FTSE 100 but the BP (LSE: BP) share price has enjoyed a robust rally. The same force is driving both, war in Iran.

On 27 February, the day before the conflict began, BP shares closed at 487p. Today, they’re 17.5% higher at 572p. They were doing well before that, as investors decided that after years of boardroom confusion, BP had to get its act together at some point. Also, the shares were cheap, and the yield high. BP shares are up 68% over 12 months. Can this continue?

They fell last week, after Donald Trump announced a 14-day ceasefire. Despite breaches, it more or less holds today. Tomorrow? Who knows. Oil price movements are impossible to

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