News UK
Shell profits nearly triple as oil prices surge amid Russia-Ukraine war – BBC News
Energy giant Shell has reported its highest ever quarterly profits as oil and gas prices surge around the world.
Shell made $9.13bn (£7.3bn) in the first three months of the year, nearly triple its $3.2bn profit it announced for the same period last year.
But the firm said pulling out of Russian oil and gas due to the Ukraine conflict had cost it $3.9bn (£3.1bn).
On Tuesday, rival BP also reported a sharp rise in profit, but the UK has so far ruled out a windfall tax.
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#Russia #Ukraine #BBCNews
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The US military said it was carrying out a new wave of strikes on targets in Iran. It said the aim of the attacks was to degrade Iran’s ability to attack shipping in the strait of Hormuz. It came ass the US Navy resumed its blockade of Iran’s ports.
Iran said that control of the strait of Hormuz was required for its national security and it will exercise sovereignty over the key shipping lane, whatever the cost.
President Trump announced that he was scrapping a plan he had announced a day earlier, for placing a 20% toll or tariff on all cargos passing through the strait of Hormuz.
Clive Myrie presents BBC News at Ten reporting by Sarah Smith in Washington.
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In Donald Trump’s White House the news is nonstop. New developments are breaking day and night.
Follow Sarah Smith, the BBC’s North America Editor, as she follows every move in the West Wing and beyond, interpreting the significance and communicating that to the BBC’s global audience.
From the halls of Congress where representatives are investigating the Jeffrey Epstein files, to the streets of Washington where President Trump is remaking America’s capital, and into the White House briefing room with Vice-President JD Vance, get a glimpse beyond the headlines and discover how the BBC covers this presidency.
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#Trump #USpolitics #WhiteHouse #BBCNews
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President Donald Trump has reversed his threat of a 20% fee on all Strait of Hormuz cargo shipping, as the US battles to break Iran’s hold on the waterway.
He said the toll would be replaced by trade and investment deals with Gulf states, just hours before the US resumes a blockade of Iranian ports.
It follows renewed strikes between the US and Iran, which triggered a sharp rise in oil prices as tanker traffic through the Strait has virtually stalled.
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News UK
How will Andy Burnham approach Trump, Ukraine and other world affairs? | Global News Podcast
Andy Burnham is expected to become the next prime minister of the UK within a matter of days. And he will inherit a host of challenges on the world stage – preserving Britain’s “special relationship” with the US under President Donald Trump; maintaining post-Brexit ties the European Union; managing defence spending in line with Nato targets; and supporting Ukraine in the war with Russia.
We ask the BBC’s UK political correspondent Rob Watson how Mr Burnham’s international strategy could compare with that of the current prime minister, Keir Starmer.
New episodes of the Global News Podcast are published twice a day. You can listen here: https://link.mgln.ai/GNP-YT
And you can find more of our YouTube episodes here: https://bbc.in/GlobalNewsPodcast
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For the latest news download the BBC News app or visit BBC.com/news
#BBCNews #uk #trump #ukraine #brexit #politics
00:00 Introduction
00:31 Andy Burnham’s international priorities
01:45 The UK and Donald Trump
03:10 Burnham and Nato defence spending
04:01 Brexit and EU relations
05:33 Burnham and the Ukraine war
06:41 Keir Starmer and international affairs
08:07 Does the world care about UK politics?
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For the first time in 6,000 years, bison are roaming wild in Cumbria.
BBC Travel Show’s Roma Wells helps Donovan Wright, one of only two bison rangers in the UK, release them into the wild. And it’s as extraordinary as it sounds.
On the 200th birthday of the Zoological Society of London, Roma asks the question on everyone’s minds: what are zoos actually for in 2026?
The Travel Show ‘Do Zoos Have a Future?’ is out this weekend on BBC News worldwide and anytime on BBC iPlayer in the UK.
More here https://www.bbc.co.uk/programmes/n13xtmtp
Subscribe to our channel here: https://bbc.in/bbcnews
For the latest news download the BBC News app or visit BBC.com/news
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@cwilliams8343
January 8, 2024 at 5:58 pm
General Butler paraphrased all wars are scams. Think he might have idea.
@cwilliams8343
January 8, 2024 at 5:58 pm
Isn’t that why wars are fought, for profits.
@edwardlyon8870
January 8, 2024 at 5:58 pm
The British government make more than Shell on fuel. They charge us fuel tax plus vat on fuel. The government are causing expensive transport costs,wich pushes up retail prices.
But that brings in even more VAT. And government members can afford to pay. Take the VAT OFF FUEL. It will help us all. The government taxes on fuel bring in well over
£60billion per annum.
@bugsy7539
January 8, 2024 at 5:58 pm
Greed greed greed blaming Ukraine for soaring prices but really it’s more wants more disgusting people are struggling to eat at the moment
@jeffreybodean7300
January 8, 2024 at 5:58 pm
Your fuel is turning you into fossils,there will be nothing left of you but a SHELL(tm).
@maindepth8830
January 8, 2024 at 5:58 pm
Shell is destroying nigeria, stand up to shells oppression
@eminiola7131
January 8, 2024 at 5:58 pm
Nigerians are dieing because of what you have caused Shell
@ninjarooneil7866
January 8, 2024 at 5:58 pm
Disgusting people out there. Using Ukraine War as an excuse to put oil prices up. These people are just as evil as Putin and action needs to be taken against them.
@gerradeanderson2204
January 8, 2024 at 5:58 pm
Impressive Video, can anyone here refer me no where to invest? I’m really interested on that.
@HavokMakerX
January 8, 2024 at 5:58 pm
so if the reason they increased prices was to estabilize the shortage because of the war then why the record high profits? it seems they are using the war as an excuse… and yeah i know its capitalism but oil is an essential good thats like price gouging water at this point
@chrisclarke4541
January 8, 2024 at 5:58 pm
We are fortunate to have Shell and BP in the UK. Yes they are making good profits but they are both paying high taxes and investing the huge amount of money in renewables so urgently required. Who else is going to fund it? Also, pension funds rely on Shell and BP.
@przemyslawszymczak8180
January 8, 2024 at 5:58 pm
That is government responsibility to allow that to happen. We live in country where companies keep prices high with common agreement between themselves. Ofgem fucked , governement fucked we are really fucked.
@chrisclarke4541
January 8, 2024 at 5:58 pm
Amid the shrill criticism of bumper profits at Shell, there is no mention of the huge losses during the covid lockdown. I can't recall anyone offering a grant to compensate shell shareholders.
@chrisclarke4541
January 8, 2024 at 5:58 pm
Shell-s profits belong to shareholders who have had to endure massive losses during the lockdown but are now being rewarded for staying loyal. I don't seem to have heard calls from Labour etc for compensation for these losses. No, these people want it both ways. Capitalism is all about risk and reward, it doesn't work if we punish success and reward failure.
@bulgingbattery2050
January 8, 2024 at 5:58 pm
Do you think the oil companies want to give up these kinds of profits?
@lw1zfog
January 8, 2024 at 5:58 pm
it’s a big club. ‘Kimberly Ellen Kagan (born 1972) is an American military historian. She heads the Institute for the Study of War and has taught at West Point, Yale, Georgetown University, and American University. Kagan has published in The Wall Street Journal, The New York Times, The Weekly Standard and elsewhere.[1] She supported the 2007 troop surge in Iraq and has since advocated for an expanded and restructured American military campaign in Afghanistan.[2] In 2009, she served on Afghanistan commander Gen. Stanley McChrystal's strategic assessment team.[2] Kimberly Kagan is the daughter of Kalman Kessler, a Jewish accountant and school teacher from New York City and his wife Frances.[3][4][5] She received her BA in classical civilization and her PhD in history from Yale University. At Yale, Kagan met her husband Frederick Kagan, who is an American resident scholar at the American Enterprise Institute (AEI),[6] son of Donald Kagan, a well-known historian, and brother of Robert Kagan, another well-known writer and publicist. Robert Kagan's wife is Victoria Nuland, a former US Assistant Secretary of State for European and Eurasian Affairs.’
@josephfbuck
January 8, 2024 at 5:58 pm
So what happened to all the alternative fuels your for supposed to already have used I guess 15% alcohol we're not going to make enough profits they should probably bring it up to 25% alcohol that should run a few good hundred million old Motors help the transference of the economy from gas to electric
@evaschiffhauer59
January 8, 2024 at 5:58 pm
Nej det er sku’ da fordi de har de bedste Romkugler – fjollehoveder !
@murrayroy9384
January 8, 2024 at 5:58 pm
Like if you intend to boycott Shell.
Shell won’t change their strategy or reduce their profit margin until either the government steps in (which they won’t) or consumers ‘fire a shot across the bow’ by boycotting the company.
This investment intention is absolute nonsense because Shell has to do this anyway. It has to evolve over time or it will ultimately die. This is the same reason why if you don’t boycott them all you are doing is encouraging other providers to follow their lead.
@chano6555
January 8, 2024 at 5:58 pm
Seriously I hope everyone at shell gets what’s coming as millions struggle
@chano6555
January 8, 2024 at 5:58 pm
Never going to shell again
@dasharostov6258
January 8, 2024 at 5:58 pm
traitors
@Naeem2104
January 8, 2024 at 5:58 pm
What shame making profits out of people’s misery. No morals and no shame at all.
@yvonnefarrell1029
January 8, 2024 at 5:58 pm
They have a nerve to blame oil prices on the war in Ukraine when indeed they are raising prices for consumers, why? Because they can get away with it. Biden has to get control of these people. Consumers are hurting, seniors are hurting; stop blaming Ukraine and get these thieves.
@maharajdurai461
January 8, 2024 at 5:58 pm
Wipe out all NAZIs and NAZI Supporters, no mercy. EU LEADERSHIP is EMBRACING NAZISM, SHAMEFUL
@ArseniyBandarchuk
January 8, 2024 at 5:58 pm
#УкраїнаЦэЕлда #УкраїнаЦэЕлда #УкраїнаЦэЕлда #УкраїнаЦэЕлда #УкраїнаЦэЕлда #УкраїнаЦэЕлда #УкраїнаЦэЕлда #УкраїнаЦэЕлда #УкраїнаЦэЕлда #УкраїнаЦэЕлда #УкраїнаЦэЕлда #УкраїнаЦэЕлда #УкраїнаЦэЕлда #УкраїнаЦэЕлда #УкраїнаЦэЕлда #УкраїнаЦэЕлда
@xosmani
January 8, 2024 at 5:58 pm
Russia against Ukraine,shell against American citizens.
@cblack3470
January 8, 2024 at 5:58 pm
record profits.. so there's no shortage then
@OldSempreFiVet
January 8, 2024 at 5:58 pm
Shell profits skyrocket as governments do nothing for its public
@OldSempreFiVet
January 8, 2024 at 5:58 pm
Shell profits with no government restrictions!
@1Drgnrydr
January 8, 2024 at 5:58 pm
All the more reason the fuel needs to be controlled by the government.
Wait till some oil the big oil execs get targeted like crooks and thieves
@bobby1970
January 8, 2024 at 5:58 pm
Ahh, so this is the real reason gas prices have gone way up in the United States. All of a sudden, these petroleum companies are starting to get a little greedy. Shame on them. You can't trust anyone these days.
@farrukhahmad453
January 8, 2024 at 5:58 pm
Anyone Need Accountant For Secret Business And Transaction Purpose Contact me I do secretly about Wrk
@Bart-Did-it
January 8, 2024 at 5:58 pm
I might take there rewards card again now for this blasphemy lol
@tommyperry6680
January 8, 2024 at 5:58 pm
Hi dear
@freethinker4991
January 8, 2024 at 5:58 pm
Just show you how unethical big oil is war profiteering
@ucupucup8766
January 8, 2024 at 5:58 pm
👏👏👏 ura
@derangedcrouton1864
January 8, 2024 at 5:58 pm
War profiteering
@s1nb4d59
January 8, 2024 at 5:58 pm
Who are the politicians not acting against this disgusting profit by a petroleum company,these executives should be jailed for these crimes.
@BlueTruckingCity
January 8, 2024 at 5:58 pm
First government prints paper that essentially makes paper money crash in value. Now the Oil and Gas companies are looting us the people and putting the bail out cash in their pockets. The reality is this is how the rich stay rich and the poor stay poor. It is a sham, governments and these investors are on the same team, keep the money in their pockets, screw the rest of us.
@manassardar100
January 8, 2024 at 5:58 pm
war in Europe will never end, so long as NATO exists……NATO is always on the lookout for conflict to make money out of it….
@ssnoc
January 8, 2024 at 5:58 pm
Shell has been the biggest offender of price gouging during this nightmare – Boycott Shell !!
@brooksanderson2599
January 8, 2024 at 5:58 pm
And, fossil fuel burning-driven abrupt, irreversable, climate change is killing crops worldwide. Welcome to Earth's 8th (at least) mass extinction and it includes us. old geologist
@tonysmall3863
January 8, 2024 at 5:58 pm
Hilarious how people moan about the cost of petrol yet don’t bat an eyelid when asked to pay over £5 for a pint of Peroni, which going by my local pub price would make it £9.41 per litre.