Quartz·1 min read·medium

Shell's profits more than doubled as Middle East war sent oil prices soaring

Cris Tolomia
AI Summary

Shell reported $9.84 billion in second-quarter adjusted earnings, more than doubling its previous results. The surge is attributed to rising oil prices driven by the ongoing conflict in the Middle East.

Shell posted adjusted earnings of $9.84 billion in the second quarter, its best result since mid-2022, as the Iran war drove up prices

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
businesseconomyworld

Get the full story

Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.

Create free account

Already have an account? Sign in