# Shell's Profit Surges Amid War-Driven Energy Prices

- Topic: business
- Source: CNBC
- Published: 2026-07-30
- Original: https://www.cnbc.com/2026/07/30/shell-2q-earnings-iran-war-oil.html
- Language: en
- Image: https://image.cnbcfm.com/api/v1/image/108342238-1785390572664-gettyimages-2273436716-dsc_2670_tfpdxs8j.jpeg?v=1785390626&w=1920&h=1080

Shell's second-quarter earnings exceeded expectations due to rising oil and gas prices, driven by the Middle East conflict. The company's adjusted earnings reached $9.84 billion, its best quarterly result in four years. Shell's CEO attributed the success to the company's operational performance and trading strategy.

## Key takeaways

- Shell reported adjusted earnings of $9.84 billion, beating analyst expectations.
- The company's profit surge was driven by wartime fossil fuel prices.
- Shell's CEO credited the company's operational performance and trading strategy for the success.

> Summary by Daily Read Bytes. Read the original at https://www.cnbc.com/2026/07/30/shell-2q-earnings-iran-war-oil.html