Shell Pilipinas bludgeoned by Middle East war

MANILA, Philippines — Shell Pilipinas Corp. plunged into a P2.7-billion loss in the first semester, battered by weaker demand and oil price volatility triggered by the Middle East war. This was a sharp reversal from P965 million in net income logged in the same period last year. READ: Shell Pilipinas ends 2025 with P2.1-B profit