Shell Reports $6.9bn Profits Since Iran War Started

News Image
Read full story

Published: 16 hours ago

Shell generated $6.9 billion in profits since the Iran war began, benefiting from elevated energy prices. The windfall has renewed pressure for increased taxes on fossil fuel companies. Rising energy costs typically strengthen oil-exporting currencies while pressuring importers. Traders should monitor commodity currencies and energy-dependent pairs as geopolitical tensions continue affecting oil markets.

Nothing to see yet 😢