The claim reflects a statement made by a commerce minister regarding Hong Kong's investments. While web search results mention a minister urging a long-term view regarding the Middle East, the specific assertion that investments 'will not be derailed by ongoing conflicts' is not corroborated by multiple independent sources provided in the evidence. The evidence is limited to general discussions about the region's opportunities.

The evidence confirms that Algernon Yau Ying-wah is the Secretary for Commerce and Economic Development and has been appointed to this role. However, none of the provided evidence specifies that he spoke on a radio program *on Saturday* in relation to this claim, making the timing and medium unverified by multiple sources.

Multiple web search results mention US and Israeli strikes on Iran and the Middle East, and one Wikipedia entry details a '2026 Iran war' involving strikes. However, the claim specifies that these strikes *disrupted global air transport and drove up oil prices*. While the evidence confirms the strikes, the direct, simultaneous causation linking them specifically to global air transport disruption and oil price increases is not corroborated by multiple independent sources.

The claim details a specific price drop for Brent crude oil following US-Iran peace talks and a ceasefire. One web search result mentions Brent crude falling after a statement about a ceasefire, and another Wikipedia entry details a '2026 Iran war' context. However, the precise figures ('dropped by about 9 per cent to US$90.38 on Friday') are not corroborated by multiple independent sources, making the specific financial detail single-sourced from the context provided.