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Brent crude oil fell more than 2.00% on the day, currently trading at $71.86 per barrel.

2026-07-01

Brent crude oil fell more than 2.00% on the day, currently trading at $71.86 per barrel.

Other News
2026-07-01

People familiar with the matter said Xinlian Integration notified customers it will raise product prices by 15-25% in Q3 2026. The company cited year-to-date structural cost increases across the global semiconductor supply chain and sustained capacit

People familiar with the matter said Xinlian Integration notified customers it will raise product prices by 15-25% in Q3 2026. The company cited year-to-date structural cost increases across the global semiconductor supply chain and sustained capacity tightness driven by surging AI and new-energy demand. Xinlian said the move is not a unilateral cost pass-through but a response to rigid upstream cost rises and structural, long-term downstream demand, intended to safeguard product quality and supply. The notice said customers are ordering based on production needs rather than speculative stockpiling and described the mid-to-long-term price framework as stable.
2026-07-01

According to the Islamic Republic News Agency (IRNA), Iran's deputy foreign minister discussed strategies to expedite the implementation of the interim agreement, including measures in Lebanon.

According to the Islamic Republic News Agency (IRNA), Iran's deputy foreign minister discussed strategies to expedite the implementation of the interim agreement, including measures in Lebanon.
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