US President Trump said any agreement with Iran is worthless and that he has given Iran many chances.

At the midday close, China's most-active commodity futures were mostly higher. Ethylene glycol (EG) rose more than 6% and methanol gained over 5%; bottle-grade PET chips, asphalt, paraxylene (PX) and PVC advanced over 4%; polyester staple fiber and polysilicon climbed above 3%. On the downside, red dates and palladium fell over 3%; live hogs, SHFE silver and apples dropped more than 2%; SHFE gold declined about 2% and lithium carbonate eased just over 1%.

CENTCOM said as of Sept 1 the U.S. military had guided 84 commercial vessels to change course, rendered three vessels inoperable and boarded two for compliance inspections.