Shell reported adjusted profits of $6.92 billion in the first quarter, more than double the previous quarter, driven by rising oil prices amid the U.S.-Israel war with Iran and leading to renewed discussions on potential windfall taxes on oil profits. #OilPrices #EnergyMarket #CorporateProfits #US #IL #IR #GB #FR #RU #UA
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Shell Reports Nearly $7 Billion Profit Amid 'Unprecedented Disruption'
The oil giant's earnings in the first three months of the year were more than double the previous quarter's and follow similarly strong results of European rivals.