The bumper result comes as energy majors receive a profit boost from soaring fossil fuel prices amid the Iran war.

Australia’s largest gas producer has emerged as a major beneficiary of the conflict in the Middle East, earning $6 billion last quarter amid surging prices.

The bumper result comes as energy majors receive a profit boost from soaring fossil fuel prices amid the Iran war.

Shell reported a significant profit increase in the second quarter, reaching $9.84 billion. Higher energy prices and market volatility contributed to this strong financial…