South Korea's KOSPI index plunged 7.00% intraday, currently trading at 8475.26 points. SK Hynix fell nearly 10%, and Samsung Electronics dropped nearly 7%.

Energy: 1. Shipping intelligence firm Kpler: Asia is expected to import approximately 22.18 million barrels per day (bpd) of crude oil in June, compared to 20.35 million bpd in May. 2. Russian Deputy Prime Minister Novak instructed the anti-monopoly authorities to monitor fuel prices and take measures if necessary. 3. Indian government: India's crude oil production fell 4.6% year-on-year in May; natural gas production fell 4.9% year-on-year in May. 4. JODI (Joint Oil Data Center): Saudi Arabia's crude oil production fell 651,000 bpd month-on-month in April to 6.316 million bpd. Crude oil inventories fell 12.678 million bpd in April to 139.967 million bpd. Petroleum product exports fell 148,000 bpd in April to 1.009 million bpd. 5. Ship tracking data shows that two supertankers passed through the Strait of Hormuz into the Gulf, carrying four million barrels of oil, one of which is bound for the Iraqi port of Basra. In addition, two small crude oil tankers with a combined capacity of less than 2 million barrels transited the Strait of Hormuz into the Gulf of Oman. 6. Qatar: The explosion at the Ras Lafan gas plant was an accident, not an attack or sabotage. It will not affect exports. 7. The US Treasury Department issued a 60-day temporary general license authorizing Iran to sell oil. 8. Despite the continued recovery of oil liquidity in the Persian Gulf, Barclays maintains its 2026 Brent crude oil price forecast of $100 per barrel. 9. Malaysian Ministry of Finance: Starting July 1st, diesel prices nationwide will be adjusted to market prices. Eligible citizens can purchase subsidized diesel at RM2.10 per liter. 10. Sources: India's LPG imports from the US in June are expected to exceed 1 million tons. Precious Metals and Mining: 1. Reserve Bank of India: As of the week ending May 29th, India's gold reserves stood at 880.52 metric tons (unchanged from the previous week). 2. Progress in Middle East peace talks suggests a supply recovery, sending aluminum prices to a three-month low. 3. Deutsche Bank: Gold prices are expected to reach $4,300/oz in the third quarter and $4,800/oz in the fourth quarter. If the Federal Reserve raises interest rates, gold prices could fall to $3,800/oz. 4. South Korean Trade Minister: Positive consensus reached with the EU on duty-free steel import quotas. Agriculture: 1. UN Food and Agriculture Organization: A new El Niño phenomenon threatens agriculture in many parts of the world. Iran Situation: 1. US President Trump: If Iran does not comply with the agreement, I will take necessary measures. A blockade may be quickly reinstated. 2. Oman reiterates its commitment to ensuring free and safe passage through the Strait of Hormuz.

SpaceX (SPCX.O) shares fell for a third straight session, intraday losses widening to 10%.