National Pipe Network Group said a domestic first trial of sequentially transporting fuel methanol through a long-haul refined-oil pipeline was successfully completed in Xianyang, Shaanxi. Two test sets covering high- and low-flow regimes and start-up/shutdown conditions validated the process adaptability for sequential methanol batching across complex terrain and multiple operating modes. The group's research institute director Zhang Duìhong said the trial provides an engineering basis for rout

A Wall Street Journal survey of economists this month shows the Iran war’s economic hit to the U.S. is smaller than earlier feared, but the conflict has made inflation above the Fed’s 2% target more persistent and narrowed the Fed’s room to cut rates. Views have shifted markedly since an April survey taken about a month after the outbreak. Economists now expect U.S. real GDP to grow 2.1% for the 12 months ending Q4 2026, up from a 2.0% forecast in April. The average probability of a U.S. recession in the next 12 months fell to 25% from 33% in April, the lowest since early 2025. Inflation outlooks rose: economists project 12-month CPI through December at 3.4% (vs. 3.2% in April), and core PCE — the Fed’s preferred gauge — at 3.2% in 2026 (vs. 2.9% previously).

林赛·格雷厄姆办公室：美国参议员林赛·格雷厄姆因突发疾病去世。