Oil Prices Jump After US Strikes Iran | The China Show | 7/8/2026

9:00 A. M. IN SHANGHAI, SHENZHEN AND HERE IN HONG KONG.YOU'RE WATCHING THE CHINA SHOW. I’M HAIDI STROUD-WATTS IN SYDNEY AND I’M AVRIL HONG IN SINGAPORE COUNTING DOWN TO THE OPEN TO BARK AT THEM GREATER CHINA. OUR TOP STORIES, OIL PRICES EXTENDING GAINS BUT ASIAN STOCKS REVERSING SOME LOSSES AFTER THE STRIKE WITH IRAN.CHINA'S DEEPSEEK REPORTEDLY PLANNING TO DEVELOP IN-HOUSE AI CHIPS AND A POTENTIAL BOOST TO LOCAL FIRMS TRYING TO ERODE NVIDIA'S DOMINANCE. STEPHEN: I'M STEPHEN ENGLE AT THE HONG KONG STOCK EXCH ...