Market sources: EU imposes anti-dumping duties on imports of purified terephthalic acid (PTA) originating in South Korea and Mexico.

During an Aug. 9 inspection of units in southeast Iran and the Makran coast, Iran Army commander Ali Jahanshahi warned Iran is "ready to defend" and said "if U.S. forces dare to set foot on Iranian territory, we will cut off their legs." He added the army is monitoring movements and potential threats, is at full combat readiness, and has deployed rapid-reaction and special forces to border areas.

Iran's parliament deputy speaker said the US must accept Iran's arrangements in the Strait of Hormuz, which have already established a new political and military order in the Persian Gulf.