美联储古尔斯比：油价可能会相对快速下跌，但更深层次的问题是如何让炼油厂恢复运营。

AP reports the Islamic Revolutionary Guard Corps urged Americans to take to the streets to protest President Trump and what the IRGC called a US war on Iran, saying the Trump administration has already "lost" the conflict. IRGC spokesman Hossein Mohhebi accused the US of "bellicose" policies, said Americans should denounce their leaders' choices, and alleged the US is using Iran's nuclear program as a pretext to plunder Iranian wealth and try to reduce Iran to a colony.

US July S&P/Case-Shiller 20-city NSA home price index YoY 2.5% vs. consensus 2.2%; June revised from 2.10% to 2.2%.