The Zhitong Finance App learned that COSCO Haineng (01138) fell from a high level this morning and fell 6% intraday. At one point, the company's A shares plummeted by nearly 9%. As of press release, it decreased by 5.16% to HK$20.22, with a turnover of HK$330 million.

According to the news, the leaders of the US and Russia spoke to reach a consensus on energy cooperation. Russian President Vladimir Putin confirmed that Russia will supply oil and petroleum products to the US and global markets. Trump confirmed on the same day that the two sides have finalized the diesel supply plan, and Russia will lift restrictions on diesel exports ahead of schedule and immediately start incremental fuel supply. The market is worried that the combined supply of Russian refined oil products will weigh on the difference in diesel cracking prices. It is worth noting that the situation in the Middle East has been repeated. Iran said on the 11th that the US has accepted some of the conditions proposed by Iran for reopening the Strait of Hormuz. Earlier, Iran's Revolutionary Guard Corps warned that its attacks would not be limited to the Strait of Hormuz; Tehran had extended the scope of the attack deeper into the Persian Gulf.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.