Shell says its second-quarter 2026 profits reach $9.84 billion, more than double the $4.26 billion reported for the same quarter in 2025. The company describes the result as its strongest quarterly performance since 2022. Shell’s update comes as conflict in the Middle East drives instability across global energy markets, with prices and supply expectations moving sharply in response to the situation. While the reporting connects the timing of Shell’s results to broader market volatility, it does not provide detailed information in the provided material on the specific drivers of Shell’s earnings—such as particular product margins, trading performance, or changes in costs and asset write-downs. The available information therefore focuses on the year-on-year profit comparison and Shell’s characterization of the quarter as a peak since 2022, alongside the backdrop of increased volatility in energy markets linked to the regional conflict. Further details on segment performance and the exact mechanisms affecting revenues are not included in the supplied text.