Shell profits double as oil prices rise due to Iran war
Shell has reported a stunning increase in profits, more than doubling to nearly ten billion dollars in the second quarter, driven by soaring oil prices linked to the ongoing conflict in Iran. The surge in profits is largely attributed to di...
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Shell has reported a stunning increase in profits, more than doubling to nearly ten billion dollars in the second quarter, driven by soaring oil prices linked to the ongoing conflict in Iran. The surge in profits is largely attributed to disruptions in the Strait of Hormuz, highlighting the significant gains in the energy market this year.
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