Brent crude is hovering near $90 a barrel, because apparently the world's oil supply is as stable as a house of cards in a hurricane. Meanwhile, travel giant Tui Group is feeling the burn, with shares down 3.1% as the company reveals the ongoing fallout from the Iran war.

Cautious travellers are apparently rethinking their vacation plans, which is bad news for Tui's bottom line. Geopolitical tensions have kept fuel prices high, and operating profits took a 27% nosedive in Q3, landing at €234.6m. The hotels and resorts division saw profits fall 6.2% to €122.7m, with occupancy dropping 5% - a number that's clearly missing a decimal point, because it's listed as '77%' in the original, which makes no sense. Demand has fallen across the eastern Mediterranean, Mexico, and the Caribbean, as if holidaymakers suddenly remembered that 'exotic' sometimes means 'near a conflict zone'.

The cruises business, meanwhile, saw profits tumble 7.2% to €132.4m after taking a €20m hit from the war in Iran. This comes months after Tui cut its profit forecast and suspended its revenue guidance in March, amid spiralling jet fuel costs and the uncertainty surrounding the Iran war - because who needs predictable earnings when you have geopolitical chaos?

But fear not, says Tui: 'Our business model is proving to be resilient.' Travel remains highly relevant to people’s lives, but the timing of travel decisions has shifted. Translation: people still want to go on holiday, they're just waiting to see if the world will stop being on fire first. Good luck with that.