CHINA OILFIELD (02883) surged nearly 5% again. At the time of writing, the stock was up 3.91%, trading at HKD 7.97, with a turnover of HKD 140 million. On the news front, heightened hawkish rhetoric from US President Donald Trump targeting Iran has sparked market concerns about potential US intervention, prompting international oil prices to climb to a two-month high. LSEG data indicates that due to geopolitical tensions involving Iran and Venezuela supporting global benchmark prices, the premium of Brent crude over the Middle Eastern benchmark Dubai crude rose on Tuesday to its highest level since July. Everbright Securities released a research report stating that substantial domestic upstream capital expenditure investments will strongly support the growth of upstream production and reserves, allowing oilfield service companies to fully benefit. Furthermore, the "three big oil companies" are actively responding to the "Belt and Road" initiative, gradually deepening their overseas business layouts. Their subsidiary engineering companies, leveraging the platform advantages of their parent companies, are seizing new opportunities for international expansion and are expected to achieve sustained breakthroughs in overseas business development.