Amazon (AMZN.O) is investing in one of the world’s largest carbon removal projects, which it says will create about 11,000 jobs and support ecosystem restoration. Amazon will purchase 1.95 million tonnes of high-quality nature-based carbon removal credits generated by the project.

China’s A-share market closed the first half with the ChiNext Index at a record high. At the close the Shanghai Composite was up 0.5%, the Shenzhen Composite up 2.48% and the ChiNext Index up 2.99%. YTD returns: ChiNext +35.77% (record), Shenzhen Composite +19.94%, Shanghai Composite +3.16%. Tech names led: Lianxun Instruments closed at 2,322.33 yuan, up over 2,700% since its IPO three months ago; Yuanjie Technology +326.02% YTD; Cambricon +>75% YTD, entering the trillion-yuan market‑cap club; Zhongji Xuchuang ~+110% YTD.

DOE data showed U.S. Strategic Petroleum Reserve (SPR) crude stocks fell 5.5 mln bbl to 325.7 mln bbl, the lowest level since May 1983. The draw is part of a 172 mln‑bbl release agreement aimed at filling post‑Iran‑conflict global supply gaps and easing fuel prices. Strong U.S. crude exports and refinery demand have driven rapid recent declines. Since the late‑February outbreak of the conflict, total U.S. stocks (commercial plus SPR) fell 111.4 mln bbl to 743.3 mln bbl as of June 19, the lowest since 1984.