Shell recorded second-quarter profits of $9.84 billion, up from $4.26 billion a year earlier, following first-quarter earnings of $6.92 billion and a 70% rise in first-half earnings overall. Brent crude prices moved from around $73 per barrel before the Iran-related conflict to peaks above $120 before retreating below $100, linked to supply disruptions through the Strait of Hormuz. The company's chief executive attributed results to operational performance during market disruption.