CNBC
Oil giant Shell smashes expectations as profits more than double in second quarter
Thursday, July 30, 2026
Shell reported second-quarter profits that more than doubled compared to the same period in the previous year. The company attributed the increased earnings partly to higher fossil fuel prices. Oil and gas prices have risen amid regional tensions involving Iran.
Original reporting: https://www.cnbc.com/2026/07/30/shell-2q-earnings-iran-war-oil.html