Shell profits surge as Iran conflict disrupts oil markets

Shell's profits doubled following supply disruptions from the Iran–US conflict, while Europe and Canada face devastating wildfires linked to global warming. Critics note fossil fuel companies benefit while broader populations suffer climate and geopolitical consequences.

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Shell profits double as oil prices rise due to Iran war

stream:bsky-jetstreamother61d ago wire ×4 kagi ↗

Shell profits from the US Iran war whilst Europe and Canada suffer from Devastating Wildfires caused by global warming @rbreich.bsky.social @liberalisms.bsky.social @bearlypolitics.co.uk www.bbc.co.uk/news/article... Disruption to global supplies of oil and liquid natural gas through the Strait of Hormuz has pushed up prices.