STMicroelectronics shares in European trade rose 8.7% to €64.50, reaching their highest level since September 2000.

The UAE is planning its first multi-fuel refined-products pipeline to keep exports of gasoline, diesel and jet fuel flowing if the Strait of Hormuz is shut, ADNOC vice president Philippe Khoury said. Abu Dhabi already routes crude from Habshan to Fujairah via an existing pipeline with a 1.5 mln b/d cap and has relied on it since the conflict began; Fujairah port has faced repeated attacks that have disrupted exports. ADNOC is building a second crude pipeline due early next year that will double Fujairah throughput to about 3.0 mln b/d. The proposed products pipeline would be switchable between fuel types, operating like the US Colonial pipeline.

美國參議院多數黨領袖圖恩：如果白宮能夠放棄這項基金，那將是最理想的情況。