U.S. Vice President Vance said President Trump is sending a message to Iran: stop provocations or face consequences.

Iranian media report Hormozgan Airport Authority saying Bandar Abbas Airport is operating as scheduled, consistent with prior announcements. Flights to Dubai resumed today for the first time in six months.

Since late July China’s tungsten market has moved out of the violent 1H volatility into a calmer consolidation. August extended that trend: prices have traded close to cost support and underpinned by long-term contracts, and observed volatility has narrowed materially. Spot volumes are driven by real delivery demand; speculative buying and stockpiling are weak, and market participants are focused on fundamental data. Near term, prices are likely to trade in a range-bound, mildly weak pattern — downside capped by cost floors and a strategic‑resource premium, while upside will require confirmed transactions and evidence of seasonal demand realization. In September, focus will shift to actual consumption and new long‑order pricing; the interplay of supply-side rigidity versus rising imports and the conversion pace of emerging demand will shape further direction.