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Shell Reports Nearly $7 Billion Profit After Oil Prices Surged Amid U.S.-Iran War
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Shell Reports Nearly $7 Billion Profit After Oil Prices Surged Amid U.S.-Iran War

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The oil giant’s earnings in the first three months of the year were more than double the previous quarter’s and follow similarly strong results of European rivals.

The British energy giant Shell reported robust profits following the surge in oil prices prompted by the U.S.-Israel war with Iran. The company, based in London, said Thursday that its adjusted profit soared 24 percent, to $6.92 billion, in the first... [1376 chars]

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Source: The New York Times

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