China Alumina Front-Month Up 2.0% Intraday To CNY2,772/mt

Global oil benchmarks are unlikely to return to pre-conflict levels this year even if a US-Iran agreement is reached, according to Shane Oliver of Australian wealth manager AMP. He said it will take time for shipping through the Strait of Hormuz to normalize and that markets will continue pricing in a risk premium for potential supply disruptions. Oliver estimates West Texas Intermediate could end the year around $80 a barrel and Brent around $85, compared with roughly $67 before the conflict, with higher levels possible if the nuclear issue remains unresolved.

UNITREE ROBOTICS SAYS Q1 NET PROFIT EXCLUDING NON-RECURRING ITEMS FELL 52.55% Y/Y TO 40.25 MILLION YUAN