Business

Shell Reports Stronger-than-Expected Profit Amid Fossil Fuel Price Surge

Updated 2026-05-07 06:15 UTC 1 source Positive

Oil giant Shell reported a stronger-than-expected quarterly profit, driven by the surge in fossil fuel prices due to the Iran war. The company's performance exceeded market expectations.

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CNBC

Oil giant Shell tops quarterly profit estimates as Iran war drives price surge

Britain's Shell posted stronger-than-expected quarterly profit as the Iran war sent fossil fuel prices soaring.

2026-05-07 06:09 UTC