Pricing document shows Saudi Arabia set August official selling price for Arab Light to Northwest Europe at a $0.85/bbl premium to ICE Brent settlement.

South Korea telecom operator KT said it will invest about 18 trillion won (~$11.8bn) to reposition as an AI-focused platform company. Under its AX platform strategy, KT plans to deploy 12 trillion won into cybersecurity, IT and network areas over the next three years. The company said it will allocate 4 trillion won to upgrade network security and drive IT innovation, seek leadership in next‑generation networks including 6G and satellite communications, and improve existing network quality. KT will invest 5 trillion won to build AI data centres with a total capacity of 1 GW to support physical-AI and autonomous-driving low-latency, real-time inference, and 1 trillion won to add subsea cable capacity exceeding 90 Tbps.

Runbang said subsidiary Runbang Marine’s fourth SPP40 platform supply vessel, N1056, completed all offshore sea trials and has berthed at the company terminal. The project team has started trial-feedback rectification, final outfitting and mooring commissioning, and is closing defects against delivery standards to meet the scheduled delivery.