Business

Shell Reports Doubling of Profits Amid Oil Price Surge

Updated 2026-07-30 07:40 UTC 1 source Positive

Shell's profits have doubled due to rising oil prices caused by disruptions in the Strait of Hormuz. The supply disruption has pushed up global oil and liquid natural gas prices.

Coverage timeline — 1 article
BBC News
Disruption to global supplies of oil and liquid natural gas through the Strait of Hormuz has pushed up prices.
2026-07-30 07:11 UTC
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