Qatar's royal court announced the death of former Emir Hamad bin Khalifa Al Thani.

Eni CEO Claudio Descalzi said if the Middle East conflict persists, the global oil market will break out of the current roughly $80–$100 per barrel range by Q1 2027 at the latest, boosting inflation and depressing energy demand. Strategic reserve releases have so far kept prices in that band, but reserves are finite and the approach faces rising risk. Iran-related disruptions since late February have driven average daily inventory draws of about 3.8 mln barrels, accelerating to 4.6 mln bpd in May. Descalzi called for diversification of supply sources and routes — highlighting North Africa, sub‑Saharan Africa, Latin America and Southeast Asia — and urged reduced reliance on sea lanes under concentrated control.

A senior U.S. official said on the 11th that U.S. forces successfully struck Iranian air-surveillance radars, missile and drone storage facilities, missile and drone launch sites, maritime surveillance radars and surface-to-air missile launchers.