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Foresight News reported that the MegaETH Terminal Program rewards are now available for claiming, with a total prize pool of 1 million US dollars paid in USDm. MegaETH stated that the first batch of USDm rewards has been sent to the delegate addresses of all eligible accounts. In addition, MOSS will officially launch on June 17; linking your MOSS account will grant double rewards.

European natural gas prices are still about 30% higher than pre-crisis levels. However, Citigroup stated in a report that as “conflict de-escalates,” there is further room for prices to decline. Previously, Bloomberg News reported that Qatar, the largest producer in the Persian Gulf region, plans to quickly increase liquefied natural gas production once safe passage in the Strait of Hormuz is restored. Before the conflict caused near-standstill of Gulf export shipments, about one-fifth of the world’s seaborne natural gas passed through the vital Strait of Hormuz. There are still many questions regarding the implementation of the US-Iran agreement, including concerns about shipping security.

Glonghui, June 16 — US optical communication concept stocks collectively declined, with AXT down over 9%, Applied Optoelectronics and Lumentum down over 7%, Fabrinet down over 6%, Ciena down over 5%, Corning and Nokia down over 4%, and Astera Labs down over 3%.