摩根大通援引WSTS數據指出，6月全球半導體收入同比增長約134%，但同期整體出貨量僅增長約8%，顯示 本輪景氣的主要推動力並不是單純“賣得更多”，而是價格和產品結構明顯改善。 存儲表現更極端：收入同比增長約369%，出貨量增長約44%，而ASP同比上漲約225%。 這意味着當前存儲週期的盈利彈性，很大程度來自供給偏緊、HBM等高價值產品佔比提升以及廠商議價能力增強。 因此，本輪半導體景氣與傳統單純依賴終端出貨復甦的週期有所不同。收入和利潤可以在銷量溫和增長時快速擴張，但反過來也意味着， 一旦供需緊張緩解，ASP變化可能比出貨量更早成爲判斷週期拐點的關鍵指標。

Michael Stephens, senior research fellow at the Royal United Services Institute, said Iran is deliberately seeking to prolong the war because it does not view economic pressure as an existential threat to the regime. After nearly six months of fighting, Tehran is convinced the US will not mount a ground invasion and that "the survival threat has gone," so it is trying to accelerate operations to "make Trump feel greater pain" and prefers to "drag it out." Stephens said, contrary to pre-war expectations of imminent collapse after mass protests, Iran has not fallen and Washington appears to lack effective means to compel Tehran; Iranians can "continue to live in a stalemate" — suffering but not facing a survival crisis, which he described as the core problem for the US.

Qatar sets September official selling price (OSP) for seaborne crude at $5.00/bbl below the Oman/Dubai benchmark; OSP for land crude set at $4.50/bbl below the same benchmark.