US Energy Secretary wright said the US could consider withdrawing from the International Energy Agency if no agreement is reached on climate issues.

McDonald's (MCD.N) on Wednesday unveiled new financial targets including a goal to lift operating margins, and said it will roll out food-quality training and provide financial support to franchisees undertaking restaurant renovations. The measures form part of the McDonald's > NEXT growth plan announced in June, focused on new restaurant design, upgraded food and beverages, consumer-driven innovation and improved employee service. Executives had previously disclosed few implementation details or near-term financial impacts. The strategic push comes as McDonald's U.S. business seeks to recover from weak sales and as persistently elevated inflation has weighed on restaurant traffic.

EU High Representative for Foreign Affairs and Security Policy Kallas said navigation through the Strait of Hormuz and Bab el-Mandeb must be free and unobstructed.