According to Saudi media Hadas, the Israeli Defense Minister stated that Israel is prepared to conduct both defense and offense in full coordination with the United States.

1. The Dutch unions FNV and CNV have called on workers in the ports of Rotterdam, Amsterdam, and Zeeland to suspend ship-related operations from 11:15 to 19:00 local time on September 4th. 2. According to Mysteel research, one coal mine in Qinyuan County, Changzhi City, resumed production yesterday, with a approved capacity of 1.2 million tons. 3. Some steel mills in Tangshan and Xingtai have accepted the fourth round of price increases, and the fourth round of coking coal price increases has been partially implemented. 4. South Korean steelmaker POSCO may face its first strike in 58 years. 5. From August 24th to August 30th, 2026, the total iron ore inventory at seven major ports in Australia and Brazil reached 14.742 million tons, an increase of 1.328 million tons compared to the previous period, continuing the trend of accumulating port inventories. 6. Data released by the U.S. Department of Agriculture (USDA) shows that private exporters reported sales of 136,000 tons of soybeans to China, to be delivered in the 2026/2027 marketing year. 7. The U.S. Environmental Protection Agency (EPA) decided to grant full exemptions to 18 of the 34 small refinery exemption applications submitted by 34 refineries, partial exemptions to 11 applications, reject 3 applications, and determine 2 applications to be ineligible. This involves a total of 1.76 billion renewable fuel credits for the 2025 compliance year. 8. The U.S. Department of Agriculture (USDA) released its monthly oilseed crush report, showing that U.S. soybean crushings in July 2026 will be 6.66 million short tons (221.9 million bushels). 9. Lithium producer Albemarle applied for wage mediation in Chile, thus postponing the possibility of a strike. 10. National electrolytic lead production in August 2026 fell far more than expected, down 3.52% month-on-month, while the year-on-year increase narrowed to 6.78% compared to the previous month.

The G20 chair countries issued a statement expressing concern over the continued disruption to energy trade.