Shell profit jumps as Mideast war fuels oil prices
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May 7, 2026
British energy giant Shell announced Thursday rising net profits for the first quarter as the Middle East war sent oil and gas prices soaring in volatile trading. Profit after tax increased 19 percent to $5.69 billion in the January-March period from $4.78 billion in the first quarter of 2025, Shell said in an earnings statement. […]
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