The IEA warns that despite copper trading at record highs, global primary copper supply could face a 25% shortfall by 2035 as mines currently under construction and planned are insufficient to meet rapidly rising demand. The agency attributes the gap to rising development difficulty and costs, driven by an approximately 40% decline in average copper ore grades since 1991. The shortfall estimate is based on current projects and existing policy settings. The IEA highlighted copper’s strategic role

On July 27 local time, three separate shootings in South Africa’s Western Cape Cape Town area killed 11 people and wounded at least three. In Gugulethu two armed men entered a home and opened fire, killing five people (four men and one woman) and wounding one; victims were aged 19–30. In Khayamandi near Stellenbosch four people were killed; police responding came under fire, exchanged shots with suspects, and two officers were wounded; authorities recovered a 9mm pistol at the scene. In Manenberg two men were shot dead and a 74-year-old woman was wounded by a stray bullet.

Kyodo reports Japan's defence minister Koizumi is considering attending a London meeting on the Strait of Hormuz.