China EV freight shift: China’s battery-electric heavy trucks are moving from pilot to export scale, with SANY shipping 883 units through Guangzhou Port in late June—an export milestone that signals diesel demand pressure ahead. China oil demand reset: China’s crude imports fell 41.3% in June, the lowest since 2016, as the Iran war disrupted markets and EVs eroded gasoline/diesel demand. AI companion clampdown: China’s new rules curb AI “persona” companion bots, forcing major platforms to disable features tied to emotional dependency and raising child-safety and data concerns. India inflation watch: India’s retail inflation hit 4.38% in June, breaching RBI’s 4% target, with transport and fuel costs driving pass-through pressures. Pfizer supply snag in India: Pfizer temporarily suspended Premarin vaginal cream in India due to supply challenges, tightening options for menopause-related symptoms. Tokenized markets in Japan: SBI partnered with Ondo Finance to tokenize Japanese equities and settle via SBI’s yen-backed JPYSC stablecoin, aiming to bring more Japanese stocks onchain. India-UK trade boost: The India-UK FTA/CETA is now in force, promising zero-duty access for most Indian exports and fresh momentum for sectors like pharma, textiles, and services. Consumer court E20 ruling: India’s consumer forums ordered Maruti Suzuki to replace a Grand Vitara or compensate after E20 fuel-related damage claims.