A senior Iraqi oil ministry official said if OPEC quotas do not increase substantially, Iraq will be forced to consider all available options.

Japan coincident index, final for April, MoM +1.3%; prior +1.1%.

On June 24 Trump said responsibility for a Feb. 28 strike on a girls' primary school in Minab, southern Iran, may never be established. Iranian state media report a Tomahawk cruise missile hit the school, killing at least 175 people, the vast majority children. Iranian preliminary probes attribute the attack to U.S. forces; the U.S. has not acknowledged responsibility, citing an ongoing investigation. At the G7 on June 17 Trump said the probe was continuing and added, "nobody did it on purpose... mistakes happen, war is dirty."