OPEC+ schedules its next meeting for Sept. 6.

US Secretary of State Rubio on Venezuela said robust laws and regulatory frameworks are needed so US and global investors can enter and invest safely to create prosperity, and that ultimately a transition must take place.

FarsNews reported National Iranian Copper Industries Co. said localizing equipment and spare-parts production for mine and smelter expansion projects avoided about €49 mln of foreign-exchange outflows in 2026, bringing cumulative savings to roughly €125 mln. The company expects to avoid a further c.€76 mln of FX outflows from 2027 expansion projects. In 2026, 7,557 spare parts were produced domestically, valued at about 9 trillion rial; domestication item count rose 17% and domestic-contract value rose 56% YoY. The company said continued localization will reduce import dependence and boost supply-chain autonomy.