London, Oct 29, 2026 (AFP) - Shell profit soars as Mideast war disrupts energy supplies

NAMPA / AFP

2026-10-29

British energy giant Shell said Thursday that its net profit more than doubled to $12.1 billion in the third quarter as the Middle East war disrupted supplies and sent oil and gas prices soaring. The company had posted profit after tax of $5.3 billion in the third quarter of 2025. "Shell's relentless focus on operational performance enabled very strong results in a quarter with continued severe disruption to the global energy system," chief exec......

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