EnergyReader · 2026-08-10 12:16

Shell Books Near-Record Quarterly Profit From Iran War Volatility, Maintains $3bn Buyback

By EnergyReader Newsroom · August 10, 2026

Shell reported second-quarter net profit of $9.84 billion on Thursday (2026-07-30), more than double the same period last year and ahead of analyst forecasts, as extreme oil price volatility from the Iran conflict generated conditions its trading arm could exploit. The Anglo-Dutch major said it would maintain its $3 billion quarterly share buyback programme.

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