Euronews
International · 1 hrs ago
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Shell profits surge as Iran war drives oil prices higher
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Accuracy 45/100
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Shell reported significantly increased first-quarter profits amid rising oil prices linked to geopolitical tensions in Iran and disruptions to shipping in the Strait of Hormuz.
Shell profits surge as Iran war drives oil prices higher
Europe’s biggest oil and gas company more than doubled first-quarter profits as the Iran war and the effective closure of the Strait of Hormuz sent energy prices sharply higher.
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