July 30th, 2026 - 09:20 GMT
ALBAWABA - British oil and gas company Shell has seen its profits more than double compared to the same period last year as oil prices surge amid Strait of Hormuz conflict between the U.S. and Iran. The company’s net profit hit $9.84 billion dollars in the second quarter of the year after Brent oil prices jumped from $60 a barrel in January to $114 in early May at the peak ...
!["We hope before May [ends] matters will have been cleared and we will have entered the programme," Alwageh said noting that the IMF board was expected to meet in July to finalise the deal.](/sites/default/files/styles/d08_traditional/public/im/misc/Bread_crisis_in_Yemen.JPG?itok=N72u0hi_ "\"We hope before May [ends] matters will have been cleared and we will have entered the programme,\" Alwageh said noting that the IMF board was expected to meet in July to finalise the deal.")
