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Shell nearly doubled its quarterly profit year-on-year to $10.81 billion and saw record refining margins, the oil major said Thursday, as geopolitical turmoil drives up crude prices and creates a fuel squeeze.
Based on current geopolitical news: #1, Russia Vs Ukraine/NATO: No end in sight; #2, Zionists Vs Iran: Escalation/getting far worse & #3, Saudi Vs Ansar Allah: Another forever war. So, Very likely many² good quarterly reports, even beyond FY27