The Ministry of Water Resources' Songliao Water Conservancy Commission said heavy rainfall pushed the Tongjiang gauge on the main stem of the Heilongjiang River to the warning level of 54.06m at 18:00 on Aug 4. Under the national major-river flood numbering list, the event is designated Heilongjiang 2026 No.1 flood.

A temporary shift in Ukrainian drone targets has reduced strikes on refineries, boosting domestic refining runs and cutting Russian crude exports. Industry-compiled tanker shipping data show four-week exports to Aug. 2 fell to 3.9m bpd — the first time in six weeks below 4.0m bpd and the lowest level since mid-June. If Ukrainian attacks on refining facilities resume, Russian crude exports could rebound in the coming weeks.

Anthropic has agreed to buy $10bn of compute capacity under a six-year contract with NVIDIA-backed cloud start-up Volta Infra Holdings Ltd., sources said. The capacity will be delivered via Volta’s partnership with Bitdeer Technologies Group and will use Bitdeer’s data-center facilities in Norway; Volta was founded only months ago.