EUR/USD at 1.1239 and EUR/CNY at 7.5119 make euro-priced crude dearer; SNSUC re-runs the currency exposure on euro-settled transshipment parcels.

USD/CNY slid to 6.6870 (−0.0493) and USD/KRW to 1333.58 (−0.6037) as the yuan and won firmed together against the dollar, while USD/JPY held at 157.99. For books that buy in USD and sell in local currency, local-currency strength directly widens delivered margin; CIPS direct clearing drops the USD leg and NDFs cap the residual exposure.