Lower Saxony governor says Volkswagen’s German plant must confirm its future models by summer 2027.

Japan's finance minister Katayama said interest-rate movements are influenced by a range of market factors.

At a White House briefing, U.S. Vice President Vance said about 15 mln barrels of oil transited the Strait of Hormuz yesterday and shipping traffic has nearly returned to pre-conflict levels. He blamed elevated gasoline prices on Iranian attacks on vessels and said the U.S. is taking multiple measures to pressure Tehran to stop firing on ships. Vance added the U.S. has additional tools on Iran—some President Trump will use, others will not—and said Washington will not engage in talks until Iran ceases attacks on merchant ships.