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2026May › 07

Shell

53 days ago

The Strait of Hormuz remains closed as the oil market hopes the U.S. and Iran will strike a deal that could restore energy shipments.

Shell has made $6.9bn in profits since the Iran war began, cashing in on soaring energy prices. The enormous profits have reignited calls for higher taxes on fossil fuel companies to fund support for…

54 days ago

Shell's underlying earnings in its first quarter grew to $6.92billion - double the sum achieved in the previous quarter.
Britain's Shell posted stronger-than-expected quarterly profit as the Iran war sent fossil fuel prices soaring.

Firm benefits from conflict to rake in $6.9bn as higher energy prices turbocharge profits

  • Business live – latest updates

Shell has reported better than expected profits of $6.9bn (£5bn) after its oil t…

Energy major warns of lower gas production after damage to its facilities in the Gulf
The energy giant reports profits of $6.92bn for the first three months of the year.

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