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Shell has revealed a surge in quarterly profits on the back of the Middle East conflict but also given an update on costly war damage to its output. The oil and gas firm reported net profits of $6.9bn ...

Oil giant Shell posted bumper profit of $6.92 billion through the first quarter as the Iran war sent fossil fuel prices soaring. The London-listed energy major cut the pace of its quarterly buyback to ...

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 rivals. By Gregory Schmidt and Rebecca F.