On the 20th, King Charles III commissioned new Prime Minister Burnham to form a government and Burnham appointed his cabinet. John Healey, who served as defence secretary in the Starmer government and resigned in June over defence spending disputes, was named chancellor. Ed Miliband was appointed foreign secretary; he led Labour from 2010–15 and served as energy secretary under Starmer. Louise Haigh was named First Secretary of State and Minister for the Duchy of Lancaster; she previously served

Kazakhstan plans to suspend crude deliveries to Black Sea ports after several tankers were attacked near the Caspian Pipeline Consortium (CPC) terminal at Novorossiysk, sources said. Shipowners, citing security concerns, have refused to send vessels to the CPC terminal, which will stop receiving pipeline deliveries; the pause is expected to begin Tuesday evening. Sources warned that if the disruption to CPC shipments persists through the weekend, Kazakhstan may be forced to cut oil production. The CPC route is Kazakhstan's largest export outlet. Multiple tankers have been struck at or near the CPC terminal in recent days; Ukraine has not claimed responsibility for the attacks, which involved Western-linked vessels.

ChiNext Index rose more than 7% as the semiconductor supply chain rallied; memory chips, CPO and lithography-equipment names led gains. Over 25 constituents, including Sanhuan Group, Beijing Junzheng, Zhongji Xuchuang and Jiangbolong, climbed more than 10%.