Longode Bank analyst Robin Haworth says the window for oil companies to capitalize on higher prices linked to the Middle East conflict is very short. Major oil and gas stocks have not rerated significantly as investors view elevated profits as temporary. Haworth warns oil may be capped around $100/bbl, leaving limited upside. He sees opportunities in oilfield services to repair conflict damage. Structural capacity declines and Ukrainian strikes on Russian refineries are supporting refining margi

The Ministry of Housing and Urban‑Rural Development held a national video conference on urban drainage and flood control, instructing local authorities to implement detailed measures to ensure safe operation of urban infrastructure. It ordered tightened accountability, hazard inspections, reinforced protective measures and rigid control of known water‑logging sections; continued advancement and strict management of drainage and flood‑control projects; and improved joint flood coordination with meteorological, water, traffic and public security agencies for precise scheduling of flood and drainage facilities. The ministry said Typhoon Bavi is expected to make landfall in China and northern regions have entered the key late‑July–early‑August flood‑control period, calling for intensified monitoring, early warning and emergency‑rescue readiness.

洲际交易所：数据显示，法国次日基本负荷电价上涨16.4%，至112欧元/兆瓦时。