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Shell's Profit Just Hit a Two-Year High, and the Iran War Is Why

The oil giant posted $6.92 billion in Q1 earnings, crushed analyst forecasts, and is now buying Canada's ARC Resources for $16.4 billion — all while the Strait of Hormuz keeps burning.

By Joni · Editor-in-Chief·May 8, 2026 · 4:05 PM ET
Shell's Profit Just Hit a Two-Year High, and the Iran War Is Why
Illustration: AI-generated editorial imagery · The Joni Times
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