Saudi Aramco set its August official selling price for Arab Light to the U.S. at a $4.60/bbl premium to the Argus Sour Crude Index (ASCI).

Ahn Cheol‑soo, a People Power Party lawmaker and former presidential candidate, called on social media for strong corrective measures including delisting of Korean leveraged ETFs that track Samsung Electronics and SK Hynix. He said the KOSPI has "become a casino" and described the products as a "complete policy failure" that is eroding tens of trillions of won in corporate value and national wealth every day. His remarks have heightened policymakers' and investors' concerns about the risks of these 2x single-stock leveraged ETFs, whose mechanical rebalancing makes them buy more in rallies and sell more in declines and may amplify market volatility.

On the 7th, the French National Assembly rejected an opposition no-confidence motion over the government's handling of the heatwave, leaving Prime Minister Le Cornu's government in place.