Shell Reports Nearly $7 Billion Profit After Oil Prices Surged Amid U.S.-Iran War
The oil giant’s earnings in the first three months of the year were more than double the previous quarter’s and follow similarly strong results of European riva
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The oil giant’s earnings in the first three months of the year were more than double the previous quarter’s and follow similarly strong results of European riva
Investors waited for news on the situation in the Middle East, as the U.S. and Iran gave mixed signals on peace negotiations.
Oil prices rose after the United States attacked Iranian military sites in retaliation for Iran firing on U.S. warships in the Strait of Hormuz
White House aides have sounded bullish on the jobs report, even as warning signs mount amid the war with Iran.
Through surging profits or soaring share prices, the war has been a boon for some firms.
US President Donald Trump says the ceasefire between Washington and Tehran is still in place.

Oil pares early gains a day after renewed US-Iran fighting
Thanks to the Iran war, big issues for U.S. businesses like rare earths and supply chains may take a back seat on the agenda for the Trump-Xi summit.
The U.S. and Iran exchanged fire in the Strait of Hormuz, raising fresh fears that the fragile ceasefire between the two countries was unraveling.
U.S. Secretary of State Marco Rubio said Friday that the U.S. is expecting a response from Iran on Washington's proposal to end the war.
Stocks were on course to rise to close out the week, with Wall Street seemingly more focused on the looming April jobs report than an exchange of fire between t
Dow Jones futures: President Donald Trump says a U.S.-Iran ceasefire is intact despite clashes. Rocket Lab, Cloudflare and IREN are big earnings movers.
Spot gold prices surged by the most in nearly a month, rising as much as 3.6% to surpass $4,700.
The United States has been playing a vital role as the world’s “swing supplier” of key energy commodities amid the global shortage triggered by the war in Iran,
Oil prices edged higher in early Asian trade on Thursday, rebounding from the previous session’s steep selloff, as investors reassessed the chances of a near-te
Shell (NYSE: SHEL) on Thursday reported consensus-beating earnings for the first quarter as the war in Iran drove an oil price surge and boosted trading profits
Front-month Brent Crude futures dropped to below $100 per barrel again in morning trade in Europe on Thursday, reversing earlier gains, as the market hopes the
Crypto majors took a breather Thursday after a strong run, with bitcoin holding around $81,000 and ether slipping below $2,330 as global equities pushed to fres
The price of oil plunged and stocks surged after a new report said the U.S. believed it was nearing a deal to end the war with Iran.
World’s second-largest container shipping line says costs have increased by $500mn per month