China A-share storage chip sector rallied again in early trade; Duofluoride posted a third consecutive limit-up, Yawei hit the daily limit, Jinhong Gas jumped over 15%, and Lanxiao Technology, Jintaiyang, Fuman Micro, Shikong Technology and Shannon Xinchuang also rose.

Iran Foreign Ministry spokesman Baghaei said on June 30 that the timing and modality of negotiations on a final agreement with the United States will be decided in the coming days and hinge on implementation of terms in the memorandum of understanding (MoU). He said implementation of some MoU provisions has begun and is progressing. Iran will assess current progress in the coming days and then decide when and how to commence final-agreement talks.

Sources said state-owned Indian refiners, responding to supply shocks after the Iran conflict, plan to cut volumes purchased under long-term contracts from Middle East producers and shift toward more spot-market buying. They are exploring supply arrangements with traders that source crude from multiple regions to preserve deliveries in the event of another major disruption.