TotalEnergies CEO said July refining margins were $35/barrel.

The SEC approved a Nasdaq rule change to accelerate removal of weak issuers: Nasdaq-listed securities with market value below $5 million for 30 consecutive days will face immediate suspension and delisting with limited appeal rights. The tighter threshold is aimed at microcap and penny-stock markets amid regulator concerns over sharp volatility and manipulation, including tech-enabled pump-and-dump schemes. The SEC said low-priced, low-market-cap stocks require less capital to manipulate and are therefore more susceptible to manipulation and extreme swings.

Oman's foreign ministry said it urged avoiding escalation and any threats that could complicate the Red Sea situation or endanger freedom of navigation.