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CPCA: China fuel-vehicle retail sales fell 41% YoY in July 2026; pure fuel vehicles down 44%, conventional hybrids down 4%. By segment, domestic brands down 46%, mainstream joint ventures down 40%, luxury down 28%. CPCA said all segments were similar

2026-08-11

CPCA: China fuel-vehicle retail sales fell 41% YoY in July 2026; pure fuel vehicles down 44%, conventional hybrids down 4%. By segment, domestic brands down 46%, mainstream joint ventures down 40%, luxury down 28%. CPCA said all segments were similarly hit by sharply higher oil prices.

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2026-08-11

Sources say that the ZapSibNeftekhim petrochemical plant, owned by Russia's SIBUR, was attacked by drones on Monday and has suspended operations.

Sources say that the ZapSibNeftekhim petrochemical plant, owned by Russia's SIBUR, was attacked by drones on Monday and has suspended operations.
2026-08-11

Jordan University international relations professor Hasan Balari said Trump’s refusal to meet Iran’s compensation demand is aimed at eroding Tehran’s negotiating leverage. The US has described the demands as “unrealistic and unverifiable," and Balari

Jordan University international relations professor Hasan Balari said Trump’s refusal to meet Iran’s compensation demand is aimed at eroding Tehran’s negotiating leverage. The US has described the demands as “unrealistic and unverifiable," and Balari said accepting them would amount to admitting US responsibility for the war; both sides have since raised their asks. He said the US position rests on military power, a de facto maritime blockade of Iran ports and Iran’s economic deterioration, but both sides show weaknesses — US military capacity is limited and Iran’s political and military positions are weak. Balari identified the Strait of Hormuz as Iran’s primary remaining leverage and said Tehran will seek to maximize that card to compel a US return to the memorandum framework; he said the standoff is likely to continue unless Maintaining the status quo becomes costlier than returning to the memorandum.
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