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August 10, 2026

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MONDAY, AUGUST 10, 2026

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A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. Photo: REUTERS/Benoit Tessier/File Photo

Why oil prices haven't gone crazy despite 5 months of US-Iran war

But Brent crude futures peaked around $126 - comfortably below 2008's all-time high of $147 - and averaged just $101 a barrel between the start of the conflict on 28 February and 11 June

Employees check a fully assembled car at the manufacturing plant of Maruti Suzuki in Manesar, in the northern state of Haryana, India, September 26, 2023. Photo: REUTERS/Anushree Fadnavis/File Photo

Suzuki's no-frills cars once ruled India, then buyers demanded frills

The sun sets behind a crude oil pump jack on a drill pad in the Permian Basin in Loving County, Texas, US November 24, 2019. Photo: REUTERS/Angus Mordant/File Photo

Brent oil tops $90 as US, Iran expand strikes in the Middle East

The company logo is displayed at the Samsung news conference at the Consumer Electronics Show (CES) in Las Vegas January 7, 2013. Photo: REUTERS/Rick Wilking/File Photo/File Photo

Samsung cuts US jobs, offers relocations ahead of HQ move

 Apple's iPhone 17 smartphones are demonstrated in a store during preparations for the series' launch of sales in Moscow, Russia, September 20, 2025. Photo: Reuters

Apple unseats Nvidia to become world's most valuable company as AI bets shift

Uber Logo. Photo: Collected

Uber launches $14.8b offer for foodpanda's parent company Delivery Hero to create global platform

People gather around the BMW iX3 model at the company’s booth at the Beijing International Automotive Exhibition (Auto China), in Beijing, China, April 24, 2026. Photo: REUTERS/Maxim Shemetov/File Photo

BMW races to catch up in a Chinese EV market that won't slow down

Ships and boats in the Strait of Hormuz, Musandam, Oman, on 22 April 2026. Photo: REUTERS/Stringer/File

Hormuz traffic slows to multi-week low as renewed US-Iran strikes raise safety concerns

The headquarters of Germany's Deutsche Bank are pictured in Frankfurt, Germany, September 21, 2020. REUTERS/Ralph Orlowski/File Photo

Deutsche Bank pays $1.3m penalty for Australian trade reporting failures

US President Donald Trump shakes hands with India's Prime Minister Narendra Modi. Photo: Reuters

An emboldened India holds out for better terms in US trade talks

A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. Photo: REUTERS/Benoit Tessier/File Photo

Oil gains over 2% as fresh military strikes threaten Hormuz shipments

Representational image. Photo: Reuters

Oil rises as US strikes on Iran raise fears over shaky truce

The logo of Samsung Electronics is seen at its booth during The 26th Semiconductor Exhibition 2024 in Seoul, South Korea, October 23, 2024. Photo: REUTERS/Kim Hong-Ji/File Photo

Samsung flags 19-fold jump in profit, but shares slump on jitters AI boom may stall

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