Toyota Motor said July global vehicle sales fell 4.8% YoY to 856,125 units and production fell 2.1%. China sales dropped 24.3% YoY, the sixth consecutive monthly decline; US sales fell 0.8% and Middle East sales slid 44.5%, offsetting an 11.0% rise in Japan. By production, Japan output rose 12.4% but was outweighed by a 32.7% decline in China and a 4.0% fall in the US. Japanese exports rose 10.2% YoY to just over 196,000 units, the third straight month of growth and the highest since October.

Al Jazeera, citing state news agency IRNA, quoted a senior Iranian official saying a U.S. maritime blockade is preventing Iran from importing enough gasoline to offset domestic shortfalls. The vice‑president said gasoline production is insufficient and imports are blocked; motorists have been queuing at petrol stations in recent days. The president’s office said the government will review gasoline rationing. Comments come as hostilities with the U.S. continue and economic pressure on Tehran increases.

Argus expects a domestic corn shortfall to force more wheat into feed use, cutting France's wheat exports to about 6.9 mln tonnes this season — the lowest since 1976. It projects 2026/27 French soft-wheat exports at no more than 6.0 mln tonnes, below the agriculture ministry's July forecast of 7.0 mln and last season's 7.4 mln. Argus also forecasts EU corn output down 19% YoY to 46.9 mln tonnes, the weakest since the 1990s, and total EU wheat production at 131.5 mln tonnes, down nearly 9% from 2025/26. The group said the corn shortfall, together with constrained supplies from major corn exporter Ukraine amid regional conflict, will reduce EU wheat exportable supplies. Argus maintained its July estimate for French soft-wheat production at 30.8 mln tonnes, a 7.6% decline.