Iranian Students' News Agency quoted sources saying a heavy missile struck the Prince Sultan air base south of Riyadh. Air-raid alarms reportedly sounded in Riyadh and surrounding areas and explosions were heard in the Saudi capital.

The Baltic Dry Index (BDI) rose 34 points, or 1%, to 3,370, leaving it down about 4% week-to-date. The Capesize index (BCI) gained 112 points, or 2%, to 5,768 and is poised to fall roughly 5% on the week; Capesize daily earnings increased $1,019 to $48,812. The Panamax index (BPI) fell 31 points, or 1.4%, to 2,251 and is poised to decline about 6.5% on the week; Panamax daily earnings dropped $273 to $20,262. The Supramax index (BSI) ticked up 5 points, or 0.3%, to 1,767, up 2.8% week-to-date. The Handysize index (BHSI) rose 8 points to 988.

Li Qiang presided over a State Council meeting urging full, objective recognition of population aging and deeper implementation of the national strategy to address it. Policy directives focus on raising elderly service and protection standards across eldercare, health promotion and social security; strengthening a multi-tier, multi-pillar pension system; linking home, community and institutional care delivery; expanding inclusive elderly services; and developing products, services and new consumption scenarios targeted at older adults to better meet demand.