BBC·3 min read·medium
Shell profits double as oil prices rise due to Iran war
✦AI Summary
Shell reported a significant profit increase for the second quarter, driven by rising oil prices resulting from the conflict between Israel and Iran. Despite these gains, the company faced operational challenges, including damage to its facilities in Qatar.
Share Save Add as preferred on Google Jennifer Meierhans and Shanaz Musafer , Business reporters Getty Images Shell's profits for the second quarter of the year have more than doubled after the Iran war pushed up oil prices.
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