# Shell expects record refining margins as Iran war boosts fuel markets

https://mins.news/en/item/89520

- Reuters, 2026-10-07 11:15 UTC
- Economy
- Original: https://www.reuters.com/business/energy/shell-raises-q3-gas-output-forecast-2026-10-07/?link_source=ta_bluesky_link&taid=6ac629bca431ad00017b19aa

> Shell said third-quarter refining margins are expected to rise to a record $42 a barrel from $24 in the previous quarter, as the Middle East conflict tightens fuel supplies and pushes prices higher.

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- [Shell refineries forecast to make double the profit from every barrel of fuel](https://mins.news/en/item/89301) — The Guardian, 2026-10-07