Iraq's oil minister said the new Basra-Feshkhabur oil pipeline is expected to cost no more than $15 billion.

Sources say House Democrats are preparing, if they retake the House, to pursue broad investigations targeting Trump’s business and financial network rather than immediate impeachment. Senior House Democrats and committee staff have discussed using hearings, subpoenas and document requests to obtain records from entities tied to Trump’s political and commercial circle. Planners expect probing private companies and external financial actors will be more effective than directly confronting a White House likely to resist oversight. Democrats envision deploying House investigative powers after the mid-November election to review government decision-making and examine whether Trump used office to benefit himself, allies or donors.

Fox News reported US Vice President Vance said Iran has notified the US that, despite statements by regime insiders about imposing transit fees on passage through the Strait of Hormuz, Tehran will not impose such fees.