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Shell profits double as Iran conflict drives up oil and gas prices
๐Ÿ“ˆ Business

Shell profits double as Iran conflict drives up oil and gas prices

Shell's profits have doubled following a surge in oil and liquefied natural gas prices caused by disruptions to global supplies through the Strait of Hormuz amid the conflict with Iran. The strategic waterway's disruption has pushed energy prices sharply higher, delivering a major windfall for the oil giant.

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