Shell shares hit record high as Israel-Hamas war drives up oil price
by Tom Ambrose from World news | The Guardian on (#6FKTX)
Analysts say traders have started to price in disruption that conflict could cause to global oil supply
Shell's share price has hit a record high after concerns over the fallout from the Israel-Hamas conflict pushed up the price of oil.
Oil prices surged over the past week in the wake of the outbreak of war, and Shell shares gained 1.5% on Monday to increase its stock price as high as 2,763p a share.
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