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]
Power, Greed, Oil, and the Theater of Modern Geopolitics The Business Model of Power Donald Trump does not govern like a traditional politician. He governs like a negotiator who believes every geopolitical crisis is leverage, every war threat is a bargaining chip, and every market panic is an opportunity. When markets tremble, someone profits. The question is, who? Global markets react instantly to political tension. Gold rises when conflict looms. Oil spikes when instability threatens production. Stock markets collapse on fear, then rebound on reassurance. Volatility is not chaos, it is opportunity. Historically, gold has surged during major geopolitical crises,... [Continue Reading]