Shell PLC shares rose 1.74% to 3,310.5p in London trading on Wednesday.
Rising Brent crude prices drove the energy sector higher following escalating conflict between the United States and Iran. This geopolitical instability shifted investor focus back toward energy security and major oil stocks.
Positive sentiment regarding Shell’s financial health further supported the stock's gains. The company maintains steady operating cash flow and a commitment to shareholder returns through ongoing buyback programs and dividends.