Shell profits double as oil prices rise due to Iran war
Shell's profits have doubled following a significant increase in oil prices triggered by geopolitical tensions in Iran affecting global supply chains. Disruptions to oil and liquid natural gas shipments through the Strait of Hormuz have constrained global supplies, driving up energy prices and benefiting major oil producers like Shell.
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Shell profits double as oil prices rise due to Iran war
Shell's profits have doubled following a significant increase in oil prices triggered by geopolitical tensions in Iran affecting global supply chains. Disruptions to oil and liquid natural gas shipments through the Strait of Hormuz have constrained global supplies, driving up energy prices and benefiting major oil producers like Shell.
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