An Indian trade official said May exports to the UAE rose after a new route via Oman commenced operations.

French President Emmanuel Macron said France will not repeal its digital services tax, noting it has been adopted by several European countries and is part of French law: "This digital tax is a policy that several European countries have already decided and implemented, and it is part of our law. It is not for the United States to decide European or French law — that's normal. At least as long as I remain in office, that will not change." The comments came at the G7 in Evian after former U.S. President Donald Trump warned he would impose 100% tariffs on French wine if France does not cancel the levy.

Australian iron-ore miner Hancock Prospecting said it has made a major investment in SpaceX, saying the move reflects confidence in Musk and recognition of the importance of innovation. Hancock said it has no further plans to invest in the space sector beyond SpaceX.