China's Ministry of Natural Resources has solicited public comment on a draft notice to further advance layered, three-dimensional use of maritime areas.

Iranian deputy foreign minister Araghchi said he expects a final US response to Tehran’s Strait of Hormuz proposal to be transmitted via a Qatari intermediary before Tuesday, signalling the diplomatic channel remains open. Oil initially jumped more than $4 on Monday after Trump rejected Iran’s offer but later gave back most gains as hopes for resumed talks resurfaced; prices rose again today on lingering supply concerns. A US reply that signals negotiation progress could prompt markets to quickly pare the Hormuz-related risk premium and weigh on crude; a breakdown in talks would leave markets facing the same unresolved supply risk seen in recent months.

The State Administration of Foreign Exchange released China’s balance of payments for Q2 and 1H 2026. In Q2 the current-account surplus was CNY 1,324.3 bln, with a goods trade surplus of CNY 1,906.1 bln, a services deficit of CNY 378.9 bln, a primary income deficit of CNY 245.6 bln and a secondary income surplus of CNY 42.8 bln. The capital and financial account showed a deficit of CNY 1,075.0 bln. For 1H, the current-account surplus was CNY 2,607.9 bln and the capital and financial account deficit CNY 2,385.2 bln.