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The Independent UK
The Independent UK
National
Via AP news wire

MYSTERIOUS: Shell posts 9 6 billion profit even as energy prices slide - What They Never Told You

Copyright 2021 The Associated Press. All rights reserved.

Shell has sparked fury by raking in a record $9.6billion (£7.6billion) profit in the first quarter of the year while households struggled with soaring energy bills.

The “profiteering bonanza” fuelled calls for a tougher windfall tax on oil giants accused of cashing in on higher energy prices due to Russia’s invasion of Ukraine.

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