Oil price back to pre-war levels

Available for over a year

The price of oil has fallen back to levels not seen since before the conflict between Iran, Israel and the United States, as traffic through the Strait of Hormuz continues to recover. Apple has increased the price of MacBooks and iPads by about 20 per cent worldwide, as the iPhone maker blamed memory chip shortages caused by the AI infrastructure boom. And Ferrari's marketing chief has resigned after sixteen years at the company, just weeks after a backlash surrounding the launch of the luxury carmaker's first fully electric vehicle, the Luce.