QatarEnergy confirmed an operational incident during start-up at Ras Laffan Industrial City that caused an explosion and fire at Barzan gas-supply facilities.

MOFCOM said Jan-May 2026 total retail sales of consumer goods and services rose 2.8% YoY. Retail goods sales were 20.6 tln yuan, up 1.4% YoY; non-auto goods retail rose 2.7% YoY. Retail services increased 5.4% YoY. In May, domestic retail penetration of new energy vehicles reached 62.9%, a record high. MOFCOM platform sales data for Jan-May show smart glasses sales up 2.8x YoY, handheld imaging devices up 24.2% YoY, smart blood-glucose meters up 14.7% YoY and organic food up 3.6% YoY.

Fox News reported Trump told Iranian officials in a phone call last night not to close the Strait of Hormuz, warning "if you close it, you will no longer be a country." He said the US could act as the strait's "guardian" and "take" 20% of Iran's oil, suggested the US might seize control of the waterway if necessary, warned he would "blow them to pieces," and said the US could impose transit fees if no agreement is reached.