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Shell profit jumps nearly two years as Iran tensions fuel refining and trading gains
Economy
Published on 8 May 2026
Iran-linked volatility boosted profits but risks are rising
Shell posted its strongest quarterly profit in nearly two years, beating expectations as refining and energy trading benefited from Iran-related geopolitical tensions. The company also increased shareholder payouts. Still, investors cooled off as concerns grew over declining production and whether the trading gains can be sustained, especially after the results release.
- Shell’s Q1 profit hit its best level in nearly two years
- Refining and energy trading benefited from Iran-related tensions
- Earnings beat expectations and payouts increased for shareholders
- Sentiment dipped due to worries about production decline and trading sustainability
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times