Jarden adjusted Contact Energy's dividend outlook, reducing FY 2027 guidance to NZ$0.42/share (101% payout) due to potential equity co-investment in a 250-megawatt data center in New Zealand. Analyst Grant Swanepoel cited prudence in lowering payout assumptions. Meanwhile, diesel futures surged 9.9% to $1,316/ton amid refinery attacks in Russia and Saudi Arabia, disrupting the Strait of Hormuz.

Mizuho’s Robert Yawger warned of sustained volatility without peace resolutions. In the UAE, Adnoc Gas improved its growth outlook after committing to phases 2 and 3 of the Rich Gas Development, aligning with national self-sufficiency goals. HSBC analyst Ildar Khaziev noted reduced OPEC constraints and associated gas utilization as key drivers.