Financial Times reports the US is restricting oil‑tanker transits through the Strait of Hormuz during designated US air‑defense windows.

Iran's foreign ministry spokesman Baghaei said the country is in a state of war and that continued maritime and economic blockades are hostile acts.

US Labor Department CPI for August showed YoY inflation unchanged and in line with expectations, the Washington Post reports. Energy costs rose while rent inflation continued to slow; overall housing-price growth has eased recently. UBS analysts say housing-cost growth is likely to continue slowing for roughly another year. Inflation has now exceeded the Federal Reserve’s 2% annual target for more than five years.