Shell, a multinational energy company, reported a significant surge in profits attributed to the rising prices of oil and gas. This increase follows the market fluctuations caused by the ongoing conflict in Iran.
On Thursday morning, Shell revealed that its profits between April and June amounted to $9.8 billion. This figure marks a substantial increase compared to the same period last year.
The soaring gas prices have resulted in increased revenues for energy companies worldwide. Shell’s announcement highlights the financial impact on the industry amid geopolitical tensions in the Middle East.
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