WS #13053
Missiles hit Saudi Arabia, Houthis bomb Saudi oil infrastructure, Israel acknowledges targeting government office in Iran, and a QatarEnergy LNG tanker transits Hormuz for first time in three weeks. Shell Q2 profit more than doubles to $9.84B on Middle East supply shock, announces $3B buyback; Brent crude down 1.67% to $86.74 today.
Geopolitical escalation in Middle East
Missiles hit Saudi Arabia, Houthis bomb Saudi oil infrastructure, Israel acknowledges targeting government office in Iran, and a QatarEnergy LNG tanker transits Hormuz for first time in three weeks.
Shell Q2 profit more than doubles to $9.84B on Middle East supply shock, announces $3B buyback; Brent crude down 1.67% to $86.74 today.