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Evening Standard
Evening Standard
Holly Williams

UNCOVERED: Shell under fire over outrageous profits after boost from soaring oil prices | History Defined

Shell Oil Sinead Gorman Wael Sawan Iran
A Shell petrol station (PA) - (PA Wire)

Shell has become the latest oil giant to face criticism over mammoth profits after it revealed a bumper earnings haul thanks to rocketing oil prices caused by the Iran war.

The FTSE 100 firm reported underlying earnings of 6.92 billion US dollars (£5.09 billion), more than double the result in the previous three months and 24% higher on a year ago.

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