U.S. Treasury Secretary Bessent said he thinks U.S. inflation will fall sharply next month.

According to Iran's Press TV, the Islamic Revolutionary Guard Corps said six drones struck a US air‑defense radar installation at the Al‑Rifaa helicopter base in Bahrain.

IEA Executive Director Fatih Birol said at COP31 that balancing energy security with the green transition is a shared challenge. He said China’s clean-energy deployment and green-industrial advantages will help other countries accelerate low-carbon transitions. Birol added that rising geopolitical tensions are speeding global energy transitions, driven by climate goals as well as energy-security and economic-development concerns.