WTI crude futures topped $83/bbl, up 2.33% on the day.

航运情报公司Kpler首席分析师Sumit Ritolia撰文表示，中东地区的炼油能力仍远低于战前水平，目前约为730万桶/日，而2026年2月时这一数字为990万桶/日。这一状况是由于炼油设施受损，以及通过霍尔木兹海峡的运输受到限制所导致的。预计从2026年第四季度开始，情况会逐渐好转，但在2027年第二季度之前，都不大可能恢复到战前的水平。短期内的复苏属于物流方面的问题；而要完全恢复到正常状态则涉及到产能的恢复问题。我们的基本假设是，交通状况将持续受到干扰，2026 年全年交通都会处于受限状态。直到第四季度末，交通状况才会开始逐步恢复。在交通状况改善、炼油生产最初的反弹之后，受损的产能将成为主要的制约因素。直到2027年第二季度，生产能力才有可能完全恢复到战前的水平。

A-shares rose in the morning. At the midday close, China's Shanghai Composite Index was up 0.7%, the Shenzhen Composite Index rose 1.2% and the ChiNext Index gained 1.37%; the STAR 50 index climbed 2.18%. Non-ferrous metals led gains, with Jiangxi Copper, Baiyin Nonferrous and Jinchengxin hitting limit-up. Controlled nuclear-fusion and compute-hardware segments also strengthened; Rongfa Nuclear Power, Baili Electric, Cambridge Technology and Gongjin shares hit limit-up. Medical services opened higher then slipped — Chengda Pharma fell more than 5%, with Kanglong Huacheng, Yinuosi, Boji Pharma and Bide Pharma also down. Electric-motor stocks weakened; Huarui plunged over 10%, while Jiangte Motor, Dibei Electric, Chengguang Motor, Zhaowei Electromechanical and Yifan Transmission declined.