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The London-based oil behemoth Shell reported Thursday that its net profit more than doubled in the second quarter of this year compared to the same period in 2025 as the Iran war pushed up energy prices, causing pain for consumers in the United Kingdom and around the world.

“These profits have been built on an energy crisis that’s left households across the country struggling with high energy bills at home and expensive fuel at the pumps,” Danny Gross, energy campaigner at Friends of the Earth UK, said in a statement. “This underlines the urgent need to end our dependence on costly oil and gas.”

From April to June, Shell posted $9.84 billion in profit — the company’s best quarter in four years. Wael Sawan, Shell’s CEO, said the company’s “operational performance enabled very strong results during another quarter of severe disruption in global energy markets, as we worked hard to provide critical energy supplies and products to our customers.”

Shell said it would reward shareholders with another $3 billion in stock buybacks following the second-quarter results, which were released as the UK faced a deadly........

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