British oil giant Shell reported a big jump in Q1 profit on the back of surging oil prices that have been pushed to 4-year highs by the war in Iran.

This is breaking news. Please refresh for updates.

The energy giant's profits jump by nearly a quarter as it benefits from the recent volatility in the oil price

Utili netti a 5,69 miliardi nel Q1 2026: Shell beneficia dell'impennata dei prezzi dopo il conflitto in Iran

British oil giant Shell reported a big jump in Q1 profit on the back of surging oil prices that have been pushed to 4-year highs by the war in Iran.

As Shell announces bumper Q1 profits of $6.9 billion, new analysis from Global Witness reveals that six of Europe’s leading oil majors – bp, Shell, TotalEnergies, Eni, Equinor and…

Shell’s $6.9bn in profits since the start of the Iran war have reignited calls for a windfall tax. Lucy Hough speaks to the Guardian’s energy correspondent, Jillian Ambrose

Firm benefits from conflict to rake in $6.9bn as higher energy prices turbocharge profits