Public Markets 3h Briefing
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Last updated: July 30, 2026, 5:30 AM ET
Energy Sector Benefits from Geopolitical Tensions
Shell posted second-highest ft.com as traders capitalized on disruptions stemming from the Middle East conflict, with the energy major reporting that earnings surged despite a sharp fall in its gas production due to the war ft.com. The company’s strong trading performance and higher prices resulting from the ongoing conflict in the Middle East enabled the energy giant to wsj.com. BAE Systems lifted its guidance for the year wsj.com, raising sales, profitability, and cash flow targets as governments continue to increase defense spending amid escalating geopolitical tensions. The UK defense group also ft.com in response to a "highly volatile" global threat landscape.