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The Latest Breaking News from Shell

Battle lines harden as gas giants take on tax proposal

Gas producers have mounted a full-throated defence of their tax contributions in an inquiry exploring opportunities for higher export levies.

AAP

FTSE 100 falls back amid renewed US-Iran tension

XTB’s Kathleen Brooks said ‘the market mood is very different at the start of the week compared to Friday’.

Evening Standard

Is there really untold oil wealth in Queensland’s Taroom Trough? Here’s why scepticism is warranted

As Australian leaders scramble to secure fuel supplies on the international market, Queensland Premier David Crisafulli has been quick to pitch a domestic option: begin extracting the “sea of oil” in the Taroom Trough, a geological formation near the town of Roma.

The Conversation

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Oil price plummets as Iran declares Hormuz open

‘For stock and bond market bulls around the world, this is the perfect end to the week,’ said Kathleen Brooks, research director at XTB.

Evening Standard

$30m an hour: big oil reaping huge war windfall from consumers, analysis finds

Exclusive: Climate action blockers including Saudi Arabia, Russia and major fossil fuel firms set to make extra $234bn by end of 2026

The Guardian - UK

Stocks rise, oil falls, on fresh Middle East hope

The FTSE 100 closed up 26.10 points, 0.3%, at 10,609.06.

Evening Standard

Bosses of Santos, Woodside, Chevron and Shell asked to give evidence to Greens-led gas tax inquiry

Labor is under pressure to impose a new 25% export tax amid soaring prices from the global fuel shock

The Guardian - AU

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‘A disturbing lack of integrity’: Columbia students file complaint against energy thinktank taking big oil money

Members of Sunrise Movement chapter claim university’s energy center engaging in deceptive trade practices

The Guardian - US

Former ‘Citgo 6’ political prisoner sees ‘karma’ in Maduro ouster, but Venezuelan oil won’t rebound until there’s true regime change

Former 'Citgo Six' captive sees democratic elections as the only way to build international business trust in Venezuela again.

Fortune

What is Queensland’s Taroom trough and could it really be hiding a ‘sea of oil’?

LNP politicians visit a Shell drill site near Roma and claim a ‘generational opportunity’ to reduce Australia’s reliance on fuel imports. Others are more circumspect

The Guardian - AU

Up 24% in 2026 and Yielding 3.1%, How Should You Play SHEL Stock Amid an Iran Ceasefire?

Shell is riding a rare combination of surging oil prices, strong trading gains, and a 25% year‑to‑date stock rally that has pushed SHEL to its best run in years, even as the Iran conflict forces the company to trim its gas output outlook and watch the Strait of Hormuz closely.

Barchart

Stocks surge and oil tumbles amid US-Iran ceasefire

The FTSE 100 closed up 260.09 points, 2.5%, at 10,608.88.

Evening Standard

What Iran ceasefire means for fuel prices, inflation and interest rates in the UK

Experts hope that UK inflation will fall, paving the way for cheaper mortgages

The Independent UK

Shell oil trading profits soar amid Iran war but Qatar strikes hit gas output

Earnings at renewable energy division expected to soar to between $200m and $700m in first quarter

The Guardian - UK

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Evening Standard

Shell cuts gas production outlook blaming Middle East conflict

However, its oil trading operations were boosted by a jump in prices following the conflict between US-Israeli forces and Iran.

The Guardian - US

War in Iran is boosting profits for oil and defense companies as US gas prices soar

As Americans struggle with rising prices, Lockheed Martin, Shell and other companies are experiencing gains

The Guardian - UK

Northern Ireland leads surge in fuel prices since start of Iran war

Petrol has risen 19% and diesel 35%, while in England the north has had the sharpest increases

Digital Camera World

Someone bought this photo at a yard sale: it could now be worth $1 million!

The extraordinary provenance of Edward Steichen's image tells us something profound about how photography gets valued

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PC Gamer

Bungie provides details on Marathon's imminent Recon buff 'by popular demand', revealing an improved Echo Pulse and a 'more aggressive' tracker drone

Recon's area scanning ability will soon distinguish between AI and human enemies.

Evening Standard

Starmer to meet business leaders as Trump considers invading Iranian island

Bosses from energy firms including BP and Shell and representatives from shipping and banking firms will meet Sir Keir Starmer.

The Independent UK

Petrol prices latest: Motorists hit by 23-year record over cost of diesel as Starmer prepares for emergency talks

The average price of a litre of diesel at UK forecourts rose to 179.9p on Sunday, 28.5p more than petrol (151.4p).

The Guardian - US

Embrace spring showers with the best Pfas-free rain jackets for hiking, running and just looking good

Ditch the ‘forever chemicals’ – we tested these jackets in torrential downpour, the shower and on hiking trails

Evening Standard

FTSE 100 falls as Iran responds to US proposals

Stocks fell on Thursday amid uncertainty around talks between the US and Iran to end the war in the Middle East.

International Business Times

FTSE 100 Top 5 Gainers: Next Leads Risers as Index Dips Slightly on March 26

LONDON — Next plc dominated the FTSE 100 gainers Thursday as the blue-chip index edged lower amid renewed oil price volatility and lingering geopolitical uncertainties tied to the Middle East.

Evening Standard

Stocks rally amid hopes of end to Middle East conflict

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