July 30th, 2026 - 09:20 GMT
ALBAWABA - British oil and gas company Shell has seen its profits more than double compared to the same period last year as oil prices surge amid Strait of Hormuz conflict between the U.S. and Iran. The company’s net profit hit $9.84 billion dollars in the second quarter of the year after Brent oil prices jumped from $60 a barrel in January to $114 in early May at the peak ...
![Oil companies in Lebanon deny fuel has been re-exported to Syria [file photo]](/sites/default/files/styles/d08_traditional/public/im/misc/karachi-tanks-fuel-nato.jpg?itok=cVFNexbb "Oil companies in Lebanon deny fuel has been re-exported to Syria [file photo]")
