Earnings at renewable energy division expected to soar to between $200m and $700m in first quarterBusiness live – latest updatesShell is expected to report “significantly higher” profits from its commodity trading desks in the first quarter of this year after weeks of market volatility triggered by the Iran crisis.The surge in energy commodity markets over recent weeks is expected to drive up trading results at Shell’s chemicals and products unit, which includes its main oil trading desk. Continue reading...
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Shell oil trading profits soar amid Iran war but Qatar strikes hit gas output
The Guardian World
April 08, 2026
07:37 GMT
Earnings at renewable energy division expected to soar to between $200m and $700m in first quarter Business live – latest updates Shell is expected to report “significantly higher” profits from its commodity trading desks in the first quarter of this year after weeks of market volatility triggered by the Iran crisis. The surge in energy commodity markets over recent weeks is expected to drive up trading results at Shell’s chemicals and products unit, which includes its main oil trading desk. Continue reading...
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JD Vance continues Hungary visit after accusing EU of election interference – Europe live
US vice-president has repeatedly endorsed Viktor Orbán ahead of key election on Sunday Oh, you can see where this is going to go. In his second question, the moderator tries to bait JD Vance into criticising Ukraine, as the chair asks about what he says are “Ukrainian intelligence services attempting to influence” elections in the US or Hungary. “I’ve also been told that the vice-president of the United States coming and saying that Viktor Orbán is doing a good job and is a helpful statesman to the cause of peace, that’s foreign influence. But what’s not foreign influence is when the European Union threatens billions of dollars withheld from Hungary because you guys protect your borders; that’s apparently not foreign influence. “We would never do that because we respect the Hungarian people enough to respect their sovereignty. The fact that so many foreign actors, whether they’re transnational organisations like the bureaucrats in Brussels or whether it’s foreign governments, are literally threatening the Hungarian people vote this way or we’re going to exact our revenge on you – that should make you very angry.” Continue reading...
The Guardian World•Apr 08, 2026
world
US, Israel and Iran agree to 2-week ceasefire as Trump pulls back on threats
Iran, the United States and Israel reached a two-week ceasefire Wednesday as U.S. President Donald Trump pulled back from his threats to destroy Iranian civilisation. The agreement came just hours before Trump's deadline for Iran to reopen the Strait of Hormuz or face attacks on its bridges and powerplants.
France 24•Apr 08, 2026
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Middle East crisis live: Israel says Iran war ceasefire doesn’t include Lebanon as air strikes continue
IDF orders people to leave southern Beirut despite earlier claims a ceasefire deal would cover Lebanon US and Iran agree to provisional ceasefire with Tehran saying it will reopen strait of Hormuz Iran war ceasefire announcement – what we know so far A genocidal threat, and then the US president, Donald Trump, blinked – without any apparently meaningful concessions from Iran. As in so much concerning the second Trump administration, the two week ceasefire “deal” that will see the strait of Hormuz reopened – if it can be described as such – is maddeningly vague and short on detail, apparently kicking the can on key issues down the road. Iran’s nuclear issue, Trump said, would be solved “perfectly.” “It was a big day for world peace”, Trump posted on Truth Social. “Iran can start reconstruction” he added. “Big money” could be made. Yada. Yada. Yada. Continue reading...
The Guardian World•Apr 08, 2026
world
Ceasefire wins Trump instant gratification but Iran can enter talks with stronger hand
US is in weaker position than before war as Tehran has shown capacity to inflict pain on Trump administration Middle East crisis – live updates The announcement of a two-week ceasefire has allowed Donald Trump to hail the reopening of the Hormuz strait as a victorious dawn of a new golden age, but it is Iran that now enters peace talks with the stronger hand. The Tehran regime goes to the negotiations planned for Friday in Pakistan bloodied but still intact. It still holds a stockpile of highly enriched uranium (the original crux of the conflict with the US, Israel and allies), and it now claims at least part-control of the strait, having demonstrated its power to close the narrow waterway and hold the world to ransom. Continue reading...
The Guardian World•Apr 08, 2026