Oman Environment Authority says oil spill could affect up to 40 km of coastline at Ras Madrakah.

US Commerce Secretary Lutnick said he will announce tomorrow local time that Apple (AAPL.O) will build a Mac mini plant in Texas.

UBS global research economist Jonathan Pingel says US July inflation YoY is expected to ease, but the pace should remain well above pre-Iran-conflict levels and above last year’s rate, implying overall inflation remains elevated despite recent moderation. UBS expects core inflation to firm after an unexpectedly weak June reading, led by a rebound in core non-shelter services, with transport, medical and telecom services prices reverting to normal faster-paced increases.