Lebanon President Aoun said toppling the government or inciting conflict are red lines.

Traders said TotalEnergies is offering millions of barrels of Iraqi crude for prompt delivery to Asian buyers, marketing Basra Medium and Basra Heavy to refiners and providing load-and-deliver shipping. After shipping via the Strait of Hormuz improved, Iraq had lagged other Gulf producers on exports; TotalEnergies' arrangement — contrasting with Iraq's State Oil Marketing Organization (SOMO), which has been selling deeply discounted spot cargoes on a lift-only basis — could accelerate Iraqi exports and add to supply pressure in Asian markets.

Japan's Government Pension Investment Fund (GPIF) reported investment returns of ¥41.4 tln for the fiscal year to March.