Rising tensions around the Strait of Hormuz disrupted contracted supplies from major supplier Qatar, prompting state-owned Pakistan LNG Limited to purchase a spot LNG cargo at about $20.70 per MMBtu in a tender that closed on Wednesday. The cargo, scheduled for July 21-22 delivery, is Pakistan’s highest-priced spot purchase since 2022 after a Qatar-bound cargo was cancelled due to transit disruptions in the Strait.

日本財務大臣片山皋月：必要時將隨時採取適當的外匯行動。

CITIC JianTou research note flagged the State Council’s “15th Five-Year Carbon Peak Action Plan,” which directs industrial greening, accelerated energy‑structure adjustment and deeper low‑carbon transitions in key sectors. The plan endorses a multi‑source power mix—wind, solar, hydro and nuclear—calls for stronger support for renewables and accelerated improvements in the power system’s renewable absorption capacity. On fuel consumption it seeks continued optimization of oil and gas use, orderly substitution of oil in chemical feedstocks, pilot applications of green hydrogen, ammonia and methanol in the chemical industry, and cautious replacement of oil for industrial power and heat.