Energy:
1. Reports indicate the US military is secretly transshipping Gulf oil, mimicking Iran's model.
2. US media: The US will allow Iran to immediately resume oil export sales.
3. Canadian Prime Minister Carney: Canada is expected to produce 150 million tons of liquefied natural gas by the end of the year.
4. Vietnam's Deputy Finance Minister: Rising fuel costs in the first half of the year led to a widening trade deficit.
5. According to Interfax: Russian oil giant Tatneft has implemented fuel sales restrictions at all gas stations in Russia.
6. According to sources, Qatar Energy is prepared to quickly resume liquefied natural gas production at Ras Lafan and could reach full capacity within a month. The main issue, however, lies in shipping—how quickly Qatar Energy can deploy its vessels.
7. Barclays: Maintains its 2026 Brent crude oil average forecast of $100 per barrel. In our baseline forecast, given that cyclical demand vectors are the strongest since 2022, we predict a slight supply gap in the third quarter of 2026.
8. Sources say Moscow refineries suspended operations after the June 16 drone attack.
9. Source data and Reuters calculations show that Russia's seaborne petroleum product exports fell 15% from June 1 to 15 compared to the previous period.
10. Trump: We are ready to let the Russian oil sanctions waivers expire. We will soon be able to impose tougher sanctions on Russia.
11. ExxonMobil will supply liquefied natural gas to South Africa to help it reduce its dependence on coal.
12. According to ship tracking website Tanker Trackers: A third NITC tanker has left the blockade, carrying 1 million barrels of crude oil.
13. The G7: Agreed to strengthen sanctions on Russian oil and gas. Pledged to reduce dependence on the Strait of Hormuz and increase energy reserves.
14. Goldman Sachs: We maintain our TTF natural gas price forecasts for the second half of 2026 and 2027 at €41/MWh and €30/MWh respectively, up from our previous forecasts of €42/MWh and €30/MWh. The risks remain skewed to the upside. We maintain our bearish view on TTF natural gas prices for 2028/29, forecasting €19/MWh and €16/MWh respectively, with risks skewed to the downside. We expect LNG flows to return to normal by the end of July.
Other: 1. The European Parliament passed legislation related to the EU-US trade agreement.
2. According to NHK: Japan plans to reduce its food tax rate to 1% starting in April 2027.
3. Indonesian Ministry of Trade: From the demand side, global gold purchasing activity is slowing due to continued volatility in international financial markets.
4. The reopening of the Strait of Hormuz may trigger a surge in food imports from Gulf countries.
5. Trump said the Strait of Hormuz would be fully reopened by the 19th.
