Shell’s third-quarter profit more than doubled to $12.1 billion as oil prices surged

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Shell’s third-quarter profit more than doubled to $12.1 billion as oil prices surged
Photo: David Zalubowski/AP/TT

Profit after tax came in at $12.1 billion, almost SEK 120 billion, in the third quarter. During the same period last year, profit was $5.3 billion.

Since the Iran war and the blockade of the Strait of Hormuz began at the end of February, the price of oil has almost doubled.

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TT News AgencyT
By TT News Agency. English edition by Sweden Herald, adapted for our readers

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