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The Guardian - UK
The Guardian - UK
Business
Jillian Ambrose Energy correspondent

Oil company shares soar to all-time highs as Middle East war turbocharges price per barrel

the shell logo rises in the background with oil drilling rigs in silhouette
Shell has been valued at an all-time high of £190bn on the London Stock Exchange. Photograph: Dado Ruvić/Reuters

Shares in big oil companies have soared to all-time highs since the war in Iran began and sparked historic price rises on global oil and gas markets.

The combined market value of the six stock market-listed western “super majors” has soared by more than $130bn in the two weeks since the first US-Israeli attacks on Iran.

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