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Euronews
Euronews
Doloresz Katanich

Shell profits surge as Iran war drives oil prices higher

Shell plc posted stronger-than-expected first-quarter earnings as the Iran war drove up oil and gas prices and boosted trading profits, offsetting conflict-related declines in production.

“Shell delivered strong results enabled by our relentless focus on operational performance in a quarter marked by unprecedented disruption in global energy markets,” Chief Executive Wael Sawan said.

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