Soaring prices for oil and gas, triggered by the war in Iran, are driving a surge in corporate profits for multinational energy companies, with Shell reporting a $9.8 billion windf

Soaring prices for oil and gas, triggered by the war in Iran, are driving a surge in corporate profits for multinational energy companies, with Shell reporting a $9.8 billion windfall between April and June. Link As prices rise at the pump, so do oil company’s profits Shell's profits for this quarter doubled year on year, as multinational energy companies enjoy a windfall as a result of soaring gas prices since the Iran war.

Localisation: Tehran, Iran, Middle East
Source: The Washington Post
Categorie: economy
Date: Thu, 30 Jul 2026 13:30:09 GMT