Shell profits double as oil prices rise due to Iran war

Disruption to global supplies of oil and liquid natural gas through the Strait of Hormuz has pushed up prices.

Coverage from 2 publishers 2 source reports

BBCNYT

Oil Prices Rise as Iran and U.S. Strikes Slow Traffic in Strait of Hormuz

Update summary

What changed in this update

After several days of a lull in the direct conflict, a flare up in tensions left investors concerned about the continued flow of energy from the region.

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Source reports

BBC Published 30 July 2026

Shell profits double as oil prices rise due to Iran war

NYT Published 29 July 2026

Oil Prices Rise as Iran and U.S. Strikes Slow Traffic in Strait of Hormuz

After several days of a lull in the direct conflict, a flare up in tensions left investors concerned about the continued flow of energy from the region.

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