---
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292722043.md"
description: "In terms of energy, in June, the EU's solar power generation reached a record high; Russian oil refining fell to its lowest level since 2021 due to drone attacks; BP expects second-quarter earnings growth but a decline in upstream production; Shell received tax relief for its project in Nigeria. In terms of geopolitics, tensions between the U.S. and Iran are escalating, with U.S. forces striking Iranian facilities, Trump threatening pressure and supporting the Iraqi oil pipeline to weaken Iran's influence, and Japanese tankers have already left the Strait of Hormuz"
datetime: "2026-07-15T06:28:48.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292722043.md)
  - [en](https://longbridge.com/en/news/292722043.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292722043.md)
---

# 

**Energy**

1.  In June, solar energy accounted for 25% of the EU's electricity generation, reaching a new high.
    
2.  Kpler: After a drone attack, Russian refinery output has fallen to its lowest level in 21 years.
    
3.  BP PLC-Spons expects oil trading profits to continue to grow in the second quarter, while upstream production will decline.
    
4.  Market news: Shell has received more tax breaks in its $20 billion oil project in Nigeria.
    
5.  Trump stated that the U.S. will make significant deals with Iraq and extract large amounts of oil from Iraq.
    
6.  Goldman Sachs: If the recovery of exports in the Gulf region continues to stagnate and the production rebound is delayed, Brent crude oil prices could exceed $110 per barrel in the fourth quarter of 2026.
    
7.  Turkish Energy Minister: Iraq has requested to maintain a pipeline capacity of 750,000 barrels per day under the agreement to continue transporting oil through the Kirkuk-Ceyhan pipeline for 12 months.
    
8.  President of the Japan Oil Association: Japan will study how to participate in the plans of Middle Eastern oil-producing countries to increase exports by bypassing the Strait of Hormuz, such as expanding pipeline capacity.
    

**Agriculture/Mining**

1.  Indonesia's palm oil inventory in May was 3.042 million tons, an increase of 18.9% month-on-month.
    
2.  ANZ: Downgraded its year-end gold price forecast to $4,600 per ounce and its 12-month forecast to $5,400 per ounce.
    
3.  South African Statistics Bureau: South Africa's gold production in May decreased by 4.3% year-on-year. South Africa's platinum group metals production in May decreased by 4.4% year-on-year. South Africa's gold production in April, after revision, decreased by 0.4% year-on-year, previously reported as a 0.2% year-on-year decline.
    

**Iran Situation**

1.  Iran claims to strike U.S. military facilities in multiple locations in the Middle East.
    
2.  The U.S. military stated it completed a new round of strikes against Iran, with operations lasting 7 hours.
    
3.  Japanese media: All Japanese tankers have left the Strait of Hormuz.
    
4.  Trump threatened to strike Iranian bridges and power plants to pressure Iran to resume negotiations.
    
5.  Trump: Only block Iranian shipping, replacing 20% of U.S. compensation with Gulf investments.
    
6.  Iran stated that U.S. attacks will result in the region not exporting "a drop of oil."
    
7.  Data shows that after the U.S. restored the blockade on Iranian shipping, a few vessels still passed through the Strait of Hormuz.
    
8.  German shipping giant Hapag-Lloyd: Charging tolls in international waters is fundamentally wrong.
    
9.  The U.S. supports the resumption of the Iraq-Syria oil pipeline to weaken Iran's influence in the Strait

### Related Stocks

- [SHEL.US](https://longbridge.com/en/quote/SHEL.US.md)
- [BP.US](https://longbridge.com/en/quote/BP.US.md)
- [BPH.US](https://longbridge.com/en/quote/BPH.US.md)
- [GS.US](https://longbridge.com/en/quote/GS.US.md)
- [ANZ.AU](https://longbridge.com/en/quote/ANZ.AU.md)
- [HLAG.DE](https://longbridge.com/en/quote/HLAG.DE.md)
- [BP.UK](https://longbridge.com/en/quote/BP.UK.md)
- [SHEL.WI.US](https://longbridge.com/en/quote/SHEL.WI.US.md)
- [W4VR.SG](https://longbridge.com/en/quote/W4VR.SG.md)
- [ANZGY.US](https://longbridge.com/en/quote/ANZGY.US.md)

## Related News & Research

- [BP (BP) Q2 2026 Earnings Call Transcript](https://longbridge.com/en/news/295618273.md)
- [BP Welcomes Türkiye Petrolleri Anonim Ortakliği Into Kirkuk Redevelopment In Iraq](https://longbridge.com/en/news/294102546.md)
- [How Iran has staved off economic collapse despite the US-Israeli war](https://longbridge.com/en/news/296204102.md)
- [Why Intel stock is falling today](https://longbridge.com/en/news/296261485.md)
- [Crude Jumps as Ceasefire With Iran Continues to Unravel](https://longbridge.com/en/news/296233965.md)