Post by Quilter Cheviot

Maurizio Carulli, our Global Energy & Materials Analyst, joins CNBC to discuss Shell’s performance amid Middle East tensions.   Despite ongoing geopolitical uncertainty in the Middle East, Shell has delivered a strong performance - reporting a 44% year-on-year increase in cash flow from operations (excluding working capital) and exceeding market expectations.   In the interview, Maurizio Carulli also explores the evolving outlook for energy security. He highlights that improving resilience will likely require a dual approach: - Continued investment in oil and gas extraction - Accelerated adoption of renewable energy sources   The conflict is expected to influence global energy strategies, with countries increasingly focused on strengthening reserves and expanding commercial inventories to safeguard supply.   Watch the full interview below for further insights.   This is general commentary and should not be interpreted as a personal recommendation.

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