Shell's Q2 Earnings Surge Amid Middle East Turmoil

Shell's Q2 earnings nearly doubled to $9.8 billion on Middle East turmoil, prompting a $3 billion share buyback programme and capitalising on surging Brent crude prices.

The London-listed energy giant reported $21.4 billion in cash flow from operations, supported by a working capital inflow of $3.4 billion.

Shell's CEO Wael Sawan attributed the strong results to the company's operational performance and ability to provide critical energy supplies despite severe market disruptions.