F Samsung Crude Oil Futures (03175) climbed more than 3%, rising 3.63% to HK$11.99 as of press time, with a turnover of HK$352,400.

On the news front, market media reported that informed sources said Chinese refiners have suspended oil product exports to destinations outside Hong Kong and Macau until further notice. China possesses the world's largest refining capacity, and the root cause of this export suspension lies in declining domestic refined fuel inventories, which requires crude oil consumption to replenish stockpiles. UBS analyst Giovanni Staunovo stated that China's export ban signals market concerns over domestic refined fuel supply; following the recent decline in China's crude and fuel inventories, it remains to be seen whether the related measures will support higher crude oil imports.

Additionally, reports indicate that the United States is deploying a third aircraft carrier and up to 10,000 additional troops to the Middle East, as President Trump weighs resuming strikes on Iran following the midterm elections. Trump told reporters before leaving the White House for campaign events that he is weighing options on Iran. "Now I have to make a decision. They will either sign a very fair deal, or they will cease to exist." This statement further intensified market concerns about escalating conflict.