# Shell's earnings surge on oil trading bonanza that could fuel calls for higher U.K. tax.

*business · news · 2026-05-07 · Seeking Alpha*

## Key points

- Shell reported its highest quarterly earnings in two years due to surging trading profits.
- Middle East war significantly increased energy prices, boosting Shell's trading revenues this quarter.
- Shell raised its dividend by 5% following these exceptional earnings results.
- Strong profits could intensify pressure for higher U.K. windfall taxes on Shell.

**Companies:** Shell
**Countries:** United Kingdom

[Read the full story on Seeking Alpha](https://seekingalpha.com/news/4588758-shells-earnings-surge-on-oil-trading-bonanza-that-could-fuel-calls-for-higher-uk-tax)

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