As the Middle East conflict intensifies, Shell Plc (NYSE: SHELL) CEO Wael Sawan warns of potential repercussions on global trade, particularly if the U.S. gets involved.

Shell plc’s SHEL Indonesian affiliate has taken a bold step in reshaping its business strategy by divesting fuel retail operations to a joint venture between Citadel Pacific Limited and Sefas Group.

TOKYO (Reuters) -Shell CEO Wael Sawan said on Thursday the oil and gas major was being "very careful" with its shipping through the Middle East given the escalating conflict between Israel and Iran.

The pay package for Shell Chief Executive Wael Sawan was 8.6 million pounds ($11.10 million) for 2024 compared with 7.9 million pounds in the previous year, Shell's annual report showed on Tuesday.