US two-year Treasury yield held steady after the auction; latest down 3.43 bps at 4.202%.

Long queues reported at petrol stations across Tehran; drivers are refueling before tanks run dry and face a 20-liter per-vehicle cap that forces repeated visits. Iran’s National Energy Optimization Organization warned of a “serious” gasoline shortage: current daily supply is about 15 mln liters short of the 135 mln liter daily need. The Financial Times cites the U.S. blockade as a cause, saying shortages signal growing economic pressure from the war. Officials say the subsidy system has worsened the situation: subsidized retail prices run about 15,000–50,000 rial per liter while the government’s buy price is 1,300,000 rial per liter. The presidential office said it plans to cut subsidy quotas, but a final pricing decision has not been made.

美国总统特朗普：美国将要在中东及海湾地区大赚一笔。