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Real-time News
Energy: 1. Kuwait lowered its August crude oil price forecast for Asia. 2. South Africa plans to increase its strategic oil reserves to address supply risks. 3. Iraqi Prime Minister visits Washington on Monday, expected to sign an oil and gas agreement. 4. Tensions in the Middle East escalate again; European jet fuel inventories can only last less than a month. 5. EU imports from Russias flagship LNG project hit a record high in the first half of this year. 6. Eni CEO: If the Middle East conflict continues, the oil market may break out of its current range in early 2027. 7. Goldman Sachs: Recent attacks highlight the uncertainty of the Gulf regions export prospects, and a serious escalation could exacerbate the risk of short-term price increases. Future expansion of pipeline capacity around the Strait of Hormuz would pose a downside risk to the long-term price assumption of $76 per barrel. Iran Situation: 1. Iran launches large-scale attacks on US military targets in the region. 2. Iranian Revolutionary Guard announces closure of the Strait of Hormuz. 3. US Central Command: Completes another round of strikes against Iran, using unmanned surface vessels for the first time. 4. Data shows that after the resumption of hostilities between the US and Iran, ships secretly passed through the Strait of Hormuz with their transponders off. 5. EU High Representative for Foreign Affairs and Security Policy, Karas: No tolls or fees should be charged for passage through the Strait of Hormuz. 6. Iranian Revolutionary Guard: Strike at US military facilities in Bahrain and destroy radar systems in Oman. Other: 1. The US plans to significantly increase its imports of Mexican sugar to 1.15 million tons.July 13 - On July 10, Zhang Baofeng, Deputy Director of the General Administration of Customs, met with a delegation led by Sivit, Director General of the Namibian Revenue Service, at the Administration. The two sides exchanged views on implementing the important consensus reached by the two heads of state and deepening cooperation between China and Namibia in areas such as smart customs, AEO mutual recognition, customs cooperation, and capacity building.The Russian Federal Security Service (FSB) thwarted a series of large-scale drone attacks by the Ukrainian armed forces against military infrastructure, defense industry enterprises, and military personnel.July 13th - Affected by rainfall and upstream water flow, the water level at the Hunhe River Fushun Hydrological Station (Guide Street, Shuncheng District, Fushun City) reached 75.86 meters (corresponding flow rate of 2100 cubic meters per second) at 12:00 on July 13th, exceeding the yellow warning standard and continuing to rise. In accordance with the "Liaoning Province Flood Warning Issuance Management Measures," the Liaoning Provincial River and Reservoir Management Service Center (Liaoning Provincial Hydrological Bureau) has upgraded the flood blue warning to a yellow warning. All relevant units along the river and the general public are requested to strengthen precautions.EU High Representative for Foreign Affairs and Security Policy Karas: Hopes EU foreign ministers will reach an agreement on Monday on 250 new targets for sanctions against Russia; no agreement has yet been reached on the 21st round of sanctions.

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Sources: Jin10.com