US President Trump said Israel is a prosperous country and does not need US$4 billion in aid.

At the midday close, China’s front-month futures were mostly lower: Shanghai crude (SC) fell over 6%; benzene and low-sulfur fuel oil (LU) dropped more than 5%; fuel oil declined about 5%; container freight (Europe route), styrene (EB), asphalt, p-xylene and live hogs each fell over 4%. On the upside, stainless steel (SS), glass and caustic soda rose more than 1%, while Shanghai nickel gained nearly 1%.

Brookfield CEO says energy demand from AI ecosystems is tight across every country.