Shell's profits doubled to $10.8bn in the July-September quarter due to the Iran war, which increased oil prices and created global shortages.
Claims
Shell's profits doubled to $10.8bn in the July-September quarter due to the Iran war, which increased oil prices and created global shortages.
Parent: Corporate ProfitsEntity: ShellImpact: positiveDate: Oct 29, 2026Target: Shell's profit increase
The Iran war has led to increased oil prices and global shortages, contributing to corporate profits.
Parent: Geopolitical ConflictEntity: Iran WarImpact: negativeDate: Oct 29, 2026Target: Impact of the Iran war on oil prices and shortages
The global oil market has experienced shortages and price hikes due to the Iran war, affecting energy supply and demand.
Parent: Energy CrisisEntity: Global Oil MarketImpact: negativeDate: Oct 29, 2026Target: Global oil market stability
Source posts
Shell profits double to $10.8bn as #Iran #war pushes up margin on oil
#Shell has doubled its #profits in the last quarter after the Middle East war drove up the price of #oil and #gas and created #shortages in the global market
Shell reported on Thursday morning that:
- It made an adjusted #profit of $10.8bn in the July-September quarter
- This is up from $5.432bn in the third quarter of 2025
https://www.theguardian.com/business/2026/oct/29/shell-profits-double-iran-war-pushes-up-profit-margin-on-oil
#USAggression #greed #fuel #gas #diesel #TrumpCorrupt #tRump #War #Iran
3 boosts · 2 favs · 0 replies · Oct 29, 2026
#iran#war#trump#trumpcorrupt#diesel#fuel
#Shell #profits double to $10.8bn as #Iran war pushes up margin on oil
https://www.theguardian.com/business/2026/oct/29/shell-profits-double-iran-war-pushes-up-profit-margin-on-oil?CMP=Share_AndroidApp_Other
2 boosts · 1 favs · 0 replies · Oct 29, 2026
#shell#profits#iran