Shell announces surging profits as Iran war drives up oil prices
Shell has become the latest energy giant to announce surging profits due to the Iran war driving up oil prices.
[Subscribe to our Substack newsletter: https://channel4news.substack.com/subscribe]
It reported more than £5 billion of earnings in the first three months of the year. That's more than double the previous three months and 24 per cent higher than last year.
The company been criticised for profiting while households and businesses suffer painful price rises.
-------
Get more news at our site - https://www.channel4.com/news/
Subscribe to our Substack newsletter: https://channel4news.substack.com/subscribe
Follow us:
TikTok - https://www.tiktok.com/@c4news
Instagram - https://www.instagram.com/channel4news/
Twitter - https://twitter.com/Channel4News
Facebook - https://www.facebook.com/Channel4News/
Channel 4 News
News that's committed to challenging expectations with stories that reveal and inspire, innovatively produced - with just a touch of mischief....