Brent crude fell below $85/bbl, down 8.77% intraday.

NHK reports the cross‑party National Conference working group will submit a midterm summary draft stating parties failed to agree on a concrete food consumption tax cut plan. A previously discussed proposal that would cut the food consumption tax to 1% for two years from April next year has not bridged party differences. The revised draft, to be presented at the working‑group meeting on the evening of the 27th, says members agree on the need to help low‑ and middle‑income households hit by rising prices but could not agree on specific measures. Because the draft gives no clear policy direction, observers say the likelihood that Prime Minister Sanae Takaichi will make the final decision may increase.

日本首相高市早苗：目前对内阁改组的可能性不作任何评论。