Two leading commodity trading houses have seen their profits soar, according to company financials seen by Bloomberg News, highlighting how the war in Iran has created a bonanza for the traders. Mercuria Energy Group's profits in the nine months to June jumped 122% from a year earlier, while Gunvor Group's profits in the six months to June were up 644% year-on-year. The surge underscores the financial impact of geopolitical instability on global commodity markets.

Traders have capitalized on disrupted supply chains and heightened volatility, with the sector benefiting from the ongoing conflict dynamics. The financial results reflect broader trends in energy trading where conflict zones translate into significant profit opportunities for major market players.