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Industry News
Source: China Daily

Gulf Energy Pressures and AI Infrastructure Reshape Asia Trade Finance

International Monetary Fund Managing Director Kristalina Georgieva warned that elevated energy prices will likely persist even after Gulf conflict subsides, with Strait of Hormuz navigation risks hitting Asian and Chinese supplies. Concurrently, senior transaction bankers reported that energy security and AI infrastructure expansion are driving higher working capital requirements and shifting trade finance patterns across Asia.

Industry News
Source: EnergyNow.com

Brent Crude Tops $107 After Strike on Iran’s South Pars Gas Field

Brent crude prices rose over 4% to $107.95 per barrel following an attack on Iran's South Pars gas infrastructure and subsequent retaliatory threats against Gulf energy sites. Iranian media confirmed damage at the Asaluyeh refinery, while benchmark crude remained above $100 for four consecutive sessions. Meanwhile, Iraqi pipeline exports partially resumed amid ongoing regional output disruptions and Strait of Hormuz transit constraints.

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