Shell has been accused of ‘pure corporate greed’ after its profits doubled despite UK motorists struggling with higher prices at the pump. The energy giant said the US-Iran war, which has caused oil prices to spike, helped drive its second-best quarterly profits ever. This was a result of higher base prices and oil traders cashing in on the volatility caused by the war. Backlash: Campaigners have said that motorists have been 'clobbered' with higher prices as oil majors cash in. ‘While the cost of living crisis continues to spiral, with food and fuel prices soaring, so do global oil and gas companies' profits,’ he said.