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Shell

2 stories on Shell, newest first.

2 min read3 sourcesBearish

Oil, Gas Prices Spike After Iran Attacks Ships in Strait of Hormuz

Iranian attacks on commercial tankers in the Strait of Hormuz, including an LNG carrier and a Saudi-flagged crude tanker, sent oil and gas prices higher as traders braced for potential supply disruptions. Shell expects bumper Q2 trading profits from the energy market volatility caused by the tensions.

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2 min read2 sourcesBullish

Shell forecasts 65% surge in global LNG demand by 2050, but disruptions stall 2026 growth

Shell projects global liquefied natural gas (LNG) demand will jump 65% from 2025 to 2050, driven by rising consumption in Asia. But the forecast is tempered by near-term headwinds: a Middle East conflict has disrupted shipping through the Strait of Hormuz and blocked about a fifth of current global LNG supply, pushing up spot prices and stalling expected 2026 growth.

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