Financial Times reports the Panama Canal warned it may reduce transits, a further hit to the shipping industry.

State media on the 6th reported Iran's economy ministry has established an 'Economic War Command' to centralize assessment of war-related economic problems and coordinate faster solutions. Deputy Minister Morteza Zamanian said the unit, housed within the ministry, will initially focus on matters within the ministry's remit—chiefly impacts on firms' operations, trade and financing—to accelerate follow-up and resolution. Issues beyond the ministry's authority will be handled via cross-department coordination. The unit's tasks are to identify war-induced problems and economic bottlenecks, propose actionable solutions and strengthen interagency coordination when multiple departments must participate.

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