Switzerland June ZEW current conditions index 2.8, prior -2.8.

Russian crude exports reached a year-to-date high, averaging 3.89 mln b/d over the four weeks to June 21, Bloomberg tanker data show. Continued Ukrainian strikes on Russian refineries have cut domestic processing, potentially diverting barrels into exports. At the same time, a recent release of detained Iranian tankers has pushed significant Iranian crude—some viewed as a close substitute for Urals—into the market, intensifying competition for buyers, particularly Indian refiners. A US exemption for Russian buyers expired on June 17; failure to renew it could prompt processors to shift to other suppliers.

HSI closed up 75.9 points (+0.33%) at 23,412.18 on June 24. Hang Seng Tech closed up 79.8 points (+1.81%) at 4,479.02. Hang Seng China Enterprises Index (HSCEI) closed up 5.61 points (+0.07%) at 7,764.97. Red Chip Index closed down 30.52 points (-0.78%) at 3,858.16.