The Baltic Dry Index (BDI) rose 44 points, or 1.5%, to 2,926 on Tuesday, its highest level since Aug. 12, driven by freight gains across all vessel classes. The Baltic Capesize Index (BCI) gained 92 points, or 2.0%, to 4,735, its strongest since Aug. 11; Capesize average daily earnings rose $840 to $39,442. The Baltic Panamax Index (BPI) climbed 35 points, or 2.0%, to 2,166, marking a third straight session of gains; Panamax average daily earnings increased $318 to $19,496. The Baltic Supramax I

Axios reports Secretary of State Rubio has told allied officials the US does not currently expect to launch new military strikes against Iran. The Trump administration’s current approach is to temporarily avoid military action and instead tighten economic pressure via a US naval blockade and a new round of Treasury sanctions while pushing to keep as much oil as possible flowing through the Strait of Hormuz. US officials say clearing most sea mines in the Strait and rising tanker traffic via southern routes have materially reduced Iran’s leverage over global energy markets; a US official said, "Iran has lost control of the Strait, and now the US controls it." Officials add the blockade is cutting off key Iranian revenue, with few tankers seen near Iran’s main export hub Kharg Island in the past two weeks. Rubio said there is no plan to resume large-scale military operations now but the US retains strike options if Iran strikes first; another US official said the policy is expected to remain at least until the midterm elections, after which military options could be revisited.

中国央行：今日开展3860亿元7天逆回购操作，投标量3860亿元，中标量3860亿元，操作利率为1.40%，与此前持平。