Shell Reports $6.9 Billion Profit Amid Iran War
Here's what it means for you.
The ongoing conflict in Iran is significantly impacting global energy prices, affecting consumers and raising ethical concerns.
What happened
Shell's profits have dramatically increased due to the Iran war's impact on oil prices.
The Context
- Profits more than doubled: Shell's profits increased from $3.2 billion in the previous quarter to $6.9 billion.
- Volatile oil market: The company has benefited from the volatility in oil prices caused by the conflict.
- Calls for higher taxes: There are growing demands for higher taxes on oil companies to address the financial burden on consumers.
Takeaway
The ongoing conflict in Iran continues to create significant financial opportunities for oil companies, raising ethical concerns and calls for regulatory changes.
International coverage of politics, culture, and current affairs.
"BBC News is widely regarded as a reputable international news organization, known for its impartial tone and public service mandate."
— A47 Editor
The companies making billions from the Iran war
The ongoing conflict in Iran has resulted in substantial financial gains for various companies, particularly in the oil sector, with firms like Shell reporting a nearly 25% profit increase, amounting to $6.9 billion in the first quarter of 2026.
Corporate news, economic trends, and markets with UK and global scope.
"BBC News is widely regarded as reputable and impartial, with a public service mandate."
— A47 Editor
The companies making billions from the Iran war
The ongoing conflict in Iran has resulted in substantial financial gains for various companies, particularly in the oil sector, with firms like Shell reporting a nearly 25% profit increase, amounting to $6.9 billion in the first quarter of 2026.
UK and international business news, economics, and corporate coverage.
"The Guardian’s business section covers finance and markets with a progressive editorial tone."
— A47 Editor
Outrage as oil giants profit billions from Iran war - The Latest
Shell has reported a profit of $6.9 billion for the first quarter of 2026, a significant increase attributed to the surge in energy prices driven by the ongoing conflict in Iran. This profit marks a 115% rise from the previous quarter's profits of $3...
Top international stories selected by The Guardian editors.
"The Guardian is known for its progressive editorial stance and in-depth analysis."
— A47 Editor
Outrage as oil giants profit billions from Iran war - The Latest
Shell has reported a profit of $6.9 billion for the first quarter of 2026, a significant increase attributed to the surge in energy prices driven by the ongoing conflict in Iran. This profit marks a 115% rise from the previous quarter's profits of $3...
Markets, economy, and company analysis from NYT’s business desk.
"The New York Times is a globally recognized newspaper offering authoritative reporting with a center-left editorial stance."
— A47 Editor
Shell Reports Nearly $7 Billion Profit After Oil Prices Surged Amid U.S.-Iran War
Shell has reported a profit of $6.9 billion for the first quarter of 2026, marking a significant increase attributed to the surge in oil prices driven by the ongoing conflict in Iran. This profit represents a nearly 25% rise compared to the previous ...
UK and international business news, economics, and corporate coverage.
"The Guardian’s business section covers finance and markets with a progressive editorial tone."
— A47 Editor
Climate campaigners attack Shell over ‘windfall’ profits from Iran war
Shell has reported a profit of $6.9 billion for the first quarter of 2026, a significant increase attributed to the surge in energy prices driven by the ongoing conflict in Iran. This marks a 115% rise from the previous quarter's profits of $3.2 bill...
U.S. business news, corporate developments, and economy.
"The Wall Street Journal is respected for deep financial and economic reporting with a center-right editorial perspective."
— A47 Editor
Shell CEO on Oil Market: ‘Volatility Has Created Opportunities’
Shell has reported a profit of $6.9 billion for the first quarter of 2026, marking a nearly 25% increase compared to the previous quarter, largely driven by the volatility in oil prices resulting from the ongoing conflict in Iran. This profit represe...
Editor-curated FT homepage stories spanning markets, business, world, and opinion.
"The Financial Times is a globally respected business publication with a centrist/center-left tone and strong markets focus."
— A47 Editor
Shell’s profits jump as Iran war delivers windfall
Shell has reported a significant profit increase of $6.92 billion for the first quarter of 2026, largely attributed to rising oil prices driven by the ongoing conflict in Iran. The war has created a volatile energy market, benefiting major oil compan...
Top international stories selected by The Guardian editors.
"The Guardian is known for its progressive editorial stance and in-depth analysis."
— A47 Editor
Climate campaigners attack Shell over ‘windfall’ profits from Iran war
Shell has reported a significant profit increase of $6.9 billion for the first quarter of 2026, attributed to soaring energy prices during the ongoing conflict in Iran, which has drawn criticism from climate campaigners.