Most Read from BloombergPemex posted an 18 billion peso ($1 billion) profit in the period that ended June 30, according to a company filing Friday. It was the company's first quarterly profit since it reported a $3.2 billion gain a year ago. Pemex said results were largely buoyed by more sales and higher global oil prices amid continued tensions between the US and Iran in the Strait of Hormuz. Pemex's total financial debt stood at $77.5 billion at the end of June, according to the filing. All that financial support also hasn't meaningfully turned around output.