Sanctions in the Middle East impacted oil prices, affecting Shell stock, while mining companies Fresnillo and Endeavour Mining benefited from commodity price rises.

The entities involved

• Shell →

  British multinational oil and gas company

  • Multnomah County filed a climate change lawsuit against API, Shell, ConocoPhillips, and Exxon on November 6, 2026.Sat 00:18
  • Shell is a commercial backer of ACORN, and the Scottish Government is having a row with Westminster.Fri 18:33
• Middle East →

  geopolitical region encompassing Egypt and most of Western Asia, including Iran

  • The war in the Middle East has hammered the New Zealand economy, occurring while Christopher Luxon leads the ruling coalition.Sat 01:25
  • Sappi is facing operational challenges due to the ongoing geopolitical conflict in the Middle East, which is driving up petrochemical costs and market risks.Fri 23:57
• Endeavour Mining →

  mining company

  • Endeavour Mining, a company with assets across West Africa, is listed on the London and Toronto Stock Exchanges.Mon 07:40

Related events

• Oil prices are tied to geopolitical tensions in the Middle East, specifically involving Shell.Jun 10
• Conflict in the Middle East involving Iran is affecting global oil prices.Jul 26
• The conflict involving Iran in the Middle East is causing disruptions that are driving up global energy costs and impacting the Federal Reserve's policies.Jun 7
• The Middle East conflict is causing a steep decline in fuel oil imports, leading to market pricing dynamics being compared between Fujairah and Singapore.Sep 28
• Attacks on shipping and energy infrastructure intensified in the Middle East, causing higher oil prices and weighing on equity markets.Sep 10