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Iranian Foreign Ministry: We will never allow the United States to pursue hegemony in the Arabian Gulf and the Strait of Hormuz.

2026-07-27

Iranian Foreign Ministry: We will never allow the United States to pursue hegemony in the Arabian Gulf and the Strait of Hormuz.

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2026-07-26

CITIC Securities says the latest Middle East-driven second oil shock follows exhaustion of earlier buffers and is not a simple replay of the first shock; the most crowded trades in the two episodes differ, so Q2 market patterns are unlikely to repeat

CITIC Securities says the latest Middle East-driven second oil shock follows exhaustion of earlier buffers and is not a simple replay of the first shock; the most crowded trades in the two episodes differ, so Q2 market patterns are unlikely to repeat. The conflict is increasingly unpredictable and the risk of prolonged tension has risen, making short-term de-risking unavoidable. However, price, volume and sentiment indicators show the negative moves are largely reflected in near-term extreme declines and the de-risking phase is approaching its end. CITIC sees a high probability of broad rotational repair in August and favors three convergence trades: 1) narrowing of excess returns between AI-chain upstream hardware/price-sensitive names and downstream platform companies; 2) valuation catch-up of domestic non-AI industrials versus overseas peers; 3) convergence between tech and non-tech sectors.
2026-07-26

Qatar's Ministry of Foreign Affairs: The Prime Minister discussed diplomatic efforts and coordination to ease regional tensions in a phone call with the Deputy Leader of Abu Dhabi.

Qatar's Ministry of Foreign Affairs: The Prime Minister discussed diplomatic efforts and coordination to ease regional tensions in a phone call with the Deputy Leader of Abu Dhabi.
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