French President Macron said the immediate priority is to reach a ceasefire agreement and to immediately reopen the Strait of Hormuz without preconditions and in accordance with international law.

Bessent said if President Trump approves a potential Iran agreement, the U.S. would use military and economic measures to ensure strict compliance; a key compliance metric would be restoration of freedom of navigation through the Strait of Hormuz. He described recent inflationary pressure as limited and largely energy-driven, said markets have looked past near-term volatility and are pricing longer-term confidence in government macro strategy, and forecast energy prices will fall further in coming months. He added WTI is about 20–25% below its prior closing peak and gasoline is roughly 5% lower, with further declines expected.

CSI 300 futures (IF) front-month +0.38%; SSE 50 futures (IH) +0.08%; CSI 500 futures (IC) +0.76%; CSI 1000 futures (IM) +0.52%.