China Development Bank said agricultural infrastructure loan disbursements rose 57% YoY through end-May as it expands finance-for-agriculture initiatives. CDB said it will, aligned with the 15th Five-Year Plan for accelerating agricultural and rural modernization, step up mid-to-long-term financing for modern facility agriculture, farmland construction, seed-industry revitalization and state farm development to support stable supply of key farm products and raise agricultural production capacity

India's trade minister said India and Japan, as Quad members, are jointly committed to promoting peace in the Indo-Pacific.

Saudi Arabia has increased shipments following a temporary US–Iran peace accord, dispatching four Bahri-owned VLCCs into the Gulf of Oman on Thursday after loading at Ras Tanura, ship-tracking data show. The departures are the largest outbound volume since the ceasefire took effect about two weeks ago; Bloomberg-tracked data show the four tankers are carrying roughly 8.0 mln barrels from Ras Tanura, one of the world’s biggest crude export terminals.