Wall Street Journal reports that since Wosh became Fed chair, President Trump has called him multiple times.

Refinitiv cites a senior Iranian source and two regional officials saying a proposed Iran-Oman agreement would give Iran control over vessels transiting the Strait of Hormuz into the Gulf, one of the largest concessions Tehran has secured to date. Officials say details of what 'control' entails remain unresolved, particularly Iran's role for ships leaving the Gulf. Iran's deputy foreign minister said the route would be arranged so commercial traffic entering and exiting passes through Iranian territorial waters. A senior Iranian official said Iran seeks to levy fees of 5–7% of cargo value on ships using the strait; Oman is discussing about 3% and Washington opposes any charge. Payments would be nominally voluntary, though regional sources say shipping firms may feel compelled to pay under the threat of Iranian attacks.

Japan's finance minister KATAYAMA said he will review budget expenditures and revenues to ensure funds are available to plug tax revenue shortfalls.