Anthropic向美国参议员及白宫官员致函，指控阿里巴巴旗下Qwen实验室通过伪造2.5万个账户、开展2880万次交互，系统性窃取Claude模型先进能力，用于对抗性蒸馏训练。事件引发华盛顿对中企AI技术获取行为的升级监管关注，叠加阿里此前已被列入美国防部黑名单，导致其港股股价跌至16个月新低，年内累跌33%；百度、小米等中概AI股同步承压。该事件属监管性质突发冲击，非市场面或财务面常规信息。

Brent crude fell below $72.5 a barrel and extended losses for a fourth straight session, returning to levels seen before the U.S.-Iran tensions escalated. Physical crude markets have weakened, and the forward curve has shifted into bearish contango. The report says sentiment has swung from supply-disruption fears to expectations of surplus, driven by diplomatic progress, improving shipping through the Strait of Hormuz, and rising crude supply from the Middle East and Africa.

Iran and the United States held a first round of talks in Switzerland and agreed on a framework to reach a final deal within 60 days. The discussions came after Iran said it had again closed the Strait of Hormuz, stoking fears of supply disruptions. As tensions appeared to ease, Brent crude futures fell about 1.5% to $79.4 a barrel, well below the late-April peak of $126.4.

India’s Jyothy Labs said it will stop operating Henkel-licensed Pril and Fa brands from May 31, 2026, and will instead scale up its owned Exo brand into a full-format dishwash range spanning bars and liquids. The company reported FY26 revenue growth of 3.5% and volume growth of 6%, alongside 26% growth in e-commerce channels. Jyothy Labs said its direct retail reach has expanded to 1.4 million outlets across India.

Reliance Jio Platforms has filed its DRHP for an estimated $4 billion IPO, described as India’s largest-ever. The offering is entirely a fresh issue of up to 27 crore shares, with no offer-for-sale component. Major shareholders including Meta (via Jaadhu), Google and Platinum Jasmine Trust are retaining their stakes unchanged.

Indian equities rose for a second consecutive week, with the BSE Sensex up 1.68% and the Nifty 50 gaining 1.65%. Easing geopolitical tensions in West Asia helped push crude oil prices lower, while the rupee strengthened 78 paise to 94.33, supporting sentiment. Defence, consumer durables and realty led gains, while IT fell 1.3% after Accenture issued a weaker-than-expected revenue outlook.

India sharply diversified its liquefied petroleum gas (LPG) import sources during the West Asia conflict, with the United States’ share rising from 8% in February to nearly one-third by April 2026, while Iran returned to the supply mix. The shift coincided with a 46% rise in the Saudi Aramco Contract Price between February and June, alongside higher retail cylinder prices in Delhi and a steep increase in commercial-cylinder costs. Oil marketing companies absorbed much of the price shock as procurement costs rose faster than retail prices, pushing cumulative losses borne during March–May to nearly ₹22,000 crore, according to Crisil.

India’s Directorate General of Trade Remedies (DGTR), under the commerce ministry, has launched an antidumping investigation into resorcinol imported from China and Japan, following an application by domestic producer Atul Ltd. The chemical is used mainly in tyre and rubber products, as well as resin bonding applications. If the probe finds dumping that has caused material injury to domestic players, the DGTR may recommend imposing an antidumping duty on imports.

The UAE is advancing multibillion-dollar infrastructure plans, including expanding eastern ports such as Fujairah, building new oil pipelines, and strengthening rail and road links, to fully reduce reliance on the Strait of Hormuz. It already operates a 1.5 million barrel-per-day pipeline that bypasses the strait, and new projects aim to double crude export capacity while improving resilience for LNG transshipment. While rerouting non-energy commodities such as aluminium remains difficult, the strategy strengthens redundancy for key global oil and LNG export routes and bolsters supply security premiums.