Wael Sawan, the CEO of Shell, experienced a significant pay increase of over 60%, with his total compensation reaching almost £14 million in 2025, despite the company's declining profits. This rise in salary comes at a time when the oil industry is facing scrutiny due to increasing oil prices and geopolitical instability in the Middle East, particularly linked to the ongoing conflict involving the US and Israel, which has raised fears of further energy price hikes. The surge in compensation has sparked outrage from pay campaigners, indicating a growing concern about income inequality in the context of rising living costs.

The increase in Sawan's pay, from £8.6 million in 2024 to £13.8 million in 2025, predominantly stems from an £11.8 million bonus. This bonus structure raises questions about corporate governance and the alignment of executive pay with actual company performance, especially given the backdrop of fluctuating oil prices that recently climbed back above $100 per barrel due to Iranian military actions targeting energy infrastructure in the Middle East.

This news reflects broader societal discontent with how corporate executives are compensated, particularly when the general public faces financial strain from rising energy costs. The reaction from activists emphasizes the disconnect perceived by many between the financial rewards of corporate leaders and the economic realities affecting average consumers, particularly as concerns over inflation and energy affordability continue to grow.