Israel's defense ministry said it is upgrading the Iron Dome missile-defense system and integrating laser interception capability.

ADNOC is proposing a new pricing method for crude sold to long-term customers that would set the monthly official selling prices (OSP) of Gulf grades Upper Zakum, Das and Umm Lulu as differentials to the Dubai benchmark, applying to cargoes loading two months forward. Currently those three grades’ OSPs are set as differentials to Murban futures traded on ICE Abu Dhabi; ADNOC said Murban’s pricing mechanism would not change. ADNOC’s marketing team has discussed the plan with refiners and traders in Singapore and Japan; no timeline for review or implementation has been announced.

UK Prime Minister Starmer said he will raise defence spending to 2.7% of GDP, aiming to move to a 3% trajectory within the next parliamentary term.