U.S. Secretary of State Rubio will attend a Gulf Cooperation Council meeting in Bahrain, State Department spokesperson said.

European gas prices ticked up after US-Iran talks began poorly and President Trump renewed threats to Iran, even as negotiations continue. Traders are also watching a Qatar domestic gas-plant outage that injured dozens and could disrupt LNG flows. ING strategists Warren Patterson and Eva Manci said Europe, entering the mid-to-late summer storage refill phase and moving toward winter, will be increasingly sensitive to Middle East developments; recent tensions indicate a durable agreement may be difficult and the risk of fighting resuming during a 60-day ceasefire is real.

At the APEC Business Leaders Forum in Beijing on June 21, Boeing China president Lu Yiming said more than 10,000 Boeing aircraft fly daily with Chinese-made parts. He added Boeing has 40 suppliers in China, citing this as a clear example of cross-border supply-chain interconnection and saying China plays an important role.