The National Marine Forecasting Center expects a high risk of seawater backflow inundation overnight on the 11th in coastal low-lying areas of Wenzhou, Zhejiang — Lucheng District, Dongtou District and coastal parts of Yueqing. A risk warning has been issued; authorities advise affected coastal residents to monitor marine disaster alerts and take protective measures.

In a July 11 weekly report, the Shanghai Shipping Exchange Research Institute said Brent crude futures moved higher, global VLCC freight rates continued to rebound and China’s import VLCC market stabilized and firmed. On July 9 the Shanghai Shipping Exchange’s China import crude composite freight index (CTFI) was 4,332.25, up 8.3% versus July 2.

U.S. President Trump said 1,000 missiles are locked on targets in Iran and thousands more are on standby. He said he has ordered U.S. forces to be prepared, describing them as willing and capable, and warned that if the Iranian government acts on threats to assassinate or attempts to assassinate the sitting U.S. president anywhere, the U.S. could completely destroy Iran within a year (extendable).