Shell profits rise as Iran war pushes oil prices higher
Shell has reported a sharp rise in first-quarter profits after oil prices climbed following the start of the Iran war.The company said profits for the first three months of the year reached $6.92bn, up from $5.58bn a year earlier and above analysts' expectations.The increase came as the price of oil rose sharply after the conflict began and the Strait of Hormuz was effectively closed.The route usually carries about 20% of global oil and liquefied natural gas supplies.Shell said its oil and gas output fell by 4% compared with the final three months of last year because of the conflict, which... [Continue Reading]
360LiveNews | 07 May 2026 08:00 LONDON
Israel Deploys Iron Dome to United Arab Emirates Amid Iran Conflict
Israel has provided its Iron Dome missile defense system to the United Arab Emirates (UAE) to help protect against retaliatory attacks from Iran.This marks the first deployment of the Iron Dome in an Arab country.The UAE has been a primary target of Iran's missile strikes during the ongoing regional conflict.The Iron Dome system is designed to intercept and destroy short-range rockets and artillery shells, enhancing the UAE's defensive capabilities.The deployment comes amid heightened tensions in the Gulf region, where Iran has launched attacks on Gulf countries as part of the broader conflict.The UAE's receipt of the Iron Dome reflects a... [Continue Reading]
360LiveNews | 01 May 2026 20:31 LONDON
