Under their annual military cooperation plan, China and Russia will hold the "Maritime Joint-2026" exercise in Qingdao and adjacent sea and airspace. A Russian task force arrived at a Qingdao naval port on the 5th; participating forces on both sides have completed assembly.

Oil prices fell across the board after a US-Iran peace deal freed substantial crude supplies that demand cannot absorb. Less than three months ago global physical crude benchmarks hit record highs, and until weeks ago industry executives warned inventories were at extremely low levels amid the Iran crisis. Analysts from Morgan Stanley to Goldman Sachs this week warned of a risk of supply overhang next year; Energy Aspects head of oil research Kit Haines said market sentiment is overwhelmingly bearish. Persian Gulf suppliers had begun ramping shipments before the June MOU reopening the Strait of Hormuz, and in the weeks after the deal more than 60 mln barrels of oil that had been trapped by the war flowed into the market.

美國財長貝森特：在特朗普總統的領導下，我們正邁向史無前例的經濟增長、美元的持久主導地位以及財政的穩健與強勁。