Iraq's finance minister said the government will continue to strengthen non-oil revenues to offset the impact of a blockade of the Strait of Hormuz.

Israeli outlet Walla News, citing a security source, said U.S. pressure is constraining Israel’s ability to respond to Hezbollah and Hamas amid ongoing clashes with Lebanon. Israel assesses Hezbollah and Hamas are coordinating with Iran to try to escalate tensions further. Hezbollah is attempting to resupply fighters sheltered in underground positions; Israel’s Northern Command is running a complex intelligence operation to map covert supply routes and monitor drone activity used to deliver supplies to Hezbollah personnel.

An FT-published Focaldata national poll finds more than 53% of registered US voters say their finances have worsened since Donald Trump returned to the White House in January 2025. Nearly 57% of independents and about 25% of self-identified Republicans also report deterioration. With under three months to the November midterms, respondents were more likely to view Democrats than Republicans as better able to handle inflation and cost-of-living issues; Democrats also hold a slight edge on jobs and the economy.