Norway's state-owned energy company Equinor reported Q2 2026 adjusted operating income of $11.482bn, up 76% on a year-over-year basis, alongside adjusted operating income after tax of $3.225bn, a 93% increase from $1.670bn in the same quarter a year earlier. The results were driven by elevated oil and gas prices linked to the US-Israel conflict with Iran and Strait of Hormuz shipping disruptions that reduced Gulf production. Equinor also increased its own production to capita