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Shell Says Profits Rise as Iran War Boosts Trading and Oil Price
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Shell Says Profits Rise as Iran War Boosts Trading and Oil Price

Bloomberg Markets · May 7, 2026, 6:04 AM · Also reported by 3 other sources

Shell Plc said its profits surged in the first quarter as the Iran war drove oil and gas prices higher and the conflict caused a surge in volatility that boosted its big trading business.

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BBC News Shell profits rise as Iran war pushes oil prices higher Financial Times Shell profits surpass expectations as Iran war delivers trading windfall CNBC Oil giant Shell tops quarterly profit estimates as Iran war drives price surge

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