Shell has become the latest oil giant to face criticism over mammoth profits after it revealed a bumper earnings haul thanks to rocketing oil prices caused by the Iran war. The FTSE 100 firm reported ...

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.

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 ...