A-share diversified financial sector rallied intraday; Xinli Financial hit the daily upper limit, with Ruida Futures, Huajin Capital, Nanhua Futures, Rendong Holdings and Hongye Futures also rising.

Iran's Foreign Ministry spokesman Baghaei said the Yemen conflict should have been resolved earlier by implementing the roadmap and urged resolving it through dialogue.

Jinlianchuang: recent oil moves were mixed—IEA accelerated strategic releases, prioritizing diesel, easing supply worries and pressuring futures, while escalating Middle East tensions, tanker attacks in the Strait of Hormuz and a US hurricane supported prices. Jinlianchuang estimates the change rate as of Oct. 12 (seventh business day) at -4.46%; reference crude basket $97.21/bl; implied domestic gasoline/diesel down 230 yuan/ton. This is the 20th adjustment cycle of 2026; the price-reset window closes at 24:00 on Oct. 15—final retail direction and size will depend on CHINA STATE PLANNER’s publication and the change rate could still move. Market outlook: intraday international crude fell as investors await US–Iran diplomatic developments; geopolitics keep prices range-bound with high headline volatility. Domestic supply: independent refiners’ run rates are expected to continue falling this week, major refiners’ runs may tick up slightly; net effect likely limited swings in refined-fuel output.