Brent crude futures settled at $87.72/bbl, up $4.17 or 4.99%.

A-share gold and jewelry stocks strengthened in afternoon trade; Zhaojin Gold jumped over 9%, while Mankalong, Western Gold and Hunan Gold also rose.

Al Jazeera reporter Patty Culhane says President Trump typically reacts badly to public rebuffs and could respond if Netanyahu rejects a Gaza peace plan by withdrawing or curtailing Republican-driven US political and financial support for Israel. Culhane notes US aid to Israel now rests largely with Republicans and that Trump claims near-total control of the MAGA base and congressional Republicans; she adds prior instances of Netanyahu defying Trump, including on Lebanon and US‑Iran memoranda, produced no clear consequences.