Shell’s profits rocket to £5BILLION after oil prices surge during Iran War

Shell’s profits rocket to £5BILLION after oil prices surge during Iran War

SHELL has beaten profit forecasts after oil prices surged during the Iran War — reporting underlying earnings of £5.09billion.  Gains for the FTSE 100 energy giant were up 24 per cent on a year earlier and more than double the previous quarter.  Analysts had expected profits of £4.67billion. Tax owed rose from £2billion to £2.62billion.  Shell said higher crude...

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