Shell profit triples to $10.8bn as oil prices rise
Shell said Thursday that its net profit tripled to $10.8 billion in the second quarter, as the Middle East war pushed oil prices higher.
The British energy company said profit after tax for the April-June period compared with $3.6 billion in the second quarter of 2025.
“Shell's operational performance enabled very strong results during another quarter of severe disruption in global energy markets,” chief executive Wael Sawan said in the earnings statement.
Update
Shell said profit after tax for April-June was $10.8 billion, compared with $3.6 billion in the second quarter of 2025.
Shell chief executive Wael Sawan said operational performance enabled strong results during severe disruption in global energy markets.
Source note: AFP news report published on 30 July 2026 at 06:21:11 UTC.
Source
AFP news report published on .