EVE Energy said on a conference call its on‑hand energy-storage orders already exceed current production capacity. The company expects storage shipments to increase sharply next year, with the pace of growth contingent on capacity ramp‑up timing. The overseas share of sales will rise this year as international customers scale up. Growth is concentrated in power-storage, grid-networking storage and AIDC and other emerging segments.

FT: Gulf oil producers seeking ways to export cargoes amid continued vessel attacks have driven a surge in crude tanker demand and pushed sale prices and charter rates to record highs, broker Braemar reports. Last quarter prices for new and newer second‑hand largest tankers rose to over $130m, the highest since 2008, while one‑year timecharter rates for supertankers reached historic highs. Producers moving to build or control their own fleets has tightened supply, lifting second‑hand and charter prices; Braemar’s head of S&P David Holland said exporters want stronger control over their shipments. Iraq and other producers without fleets have recently offered larger discounts to persuade buyers to risk transiting the Strait of Hormuz.

Spot gold fell 1% intraday to $4,477.46/oz.