Shell has reported a doubling of its profits, attributed to rising oil prices resulting from disruptions in global supplies of oil and liquid natural gas through the Strait of Hormuz. These disruptions have been linked to ongoing conflicts in the region.
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Shell Reports Increased Profits Amid Rising Oil Prices
Shell has announced that its profits have doubled, a change attributed to rising oil prices due to disruptions in global oil and liquid natural gas supplies through the Strait of Hormuz. The situation has been influenced by ongoing conflicts in the region.
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Shell profits double as oil prices rise due to Iran war
Shell Reports Increased Profits Amid Rising Oil Prices