British energy giant Shell said Thursday that its net profit tripled to $10.8 billion in the second quarter as the Middle East war sent oil prices soaring. Profit after tax for the April-June period compared with $3.6 billion in the second quarter of 2025, Shell said in an earnings statement. Oil prices traded far higher in the second quarter of 2026 compared with the equivalent period one year earlier as the US-Iran war disrupted global supplies. Shell's revenue jumped 45 percent to $96.4 billion in the second quarter year-on-year. French oil and gas giant TotalEnergies last week reported that its net profit doubled in the second quarter to $5.4 billion.