European Commission will propose that a larger share of national revenues from the EU Emissions Trading System be allocated to industries that incur ETS costs.

香港恒生指数7月8日（周三）收盘上涨702.57点，涨幅2.99%，报24199.46点； 香港恒生科技指数7月8日（周三）收盘上涨223.98点，涨幅4.97%，报4731.02点； 国企指数7月8日（周三）收盘上涨313.96点，涨幅4.04%，报8084.22点； 红筹指数7月8日（周三）收盘上涨69.8点，涨幅1.83%，报3874.93点。

At the NATO summit in Ankara, Trump said the U.S.-Iran Islamabad memorandum "is over" and called the Iranian regime "sick," signaling the breakdown of a ceasefire framework 20 days into a planned 60-day arrangement. He also revoked sanctions waivers tied to the deal. A Pakistan-brokered 14-point framework had briefly restored Iranian crude exports of several mln bpd; ending the deal and rescinding waivers risks a renewed systemic reduction in global crude supply, reinforcing upside pressure on WTI above $70 and on inflation expectations. Following yesterday's attack on a Qatari LNG tanker in the Strait of Hormuz, U.S. forces have launched retaliatory airstrikes. The return to kinetic confrontation heightens the risk of indefinite disruption to the Strait of Hormuz and Gulf of Oman and could push shipping insurance premiums and energy risk premia sharply higher.