Chile's state copper company Codelco said its board has been informed of preliminary investigation findings indicating production statistics may have been double-counted and there are inconsistencies in inventory data.

Chevron (CVX.N) CEO said the proposed Iraq-to-Mediterranean oil pipeline is not a project the company would commit significant proprietary capital to.

Speaking at a campaign rally in Grand Island, Nebraska, Trump said higher pump prices are a "small price" to pay for maintaining world and national security. He claimed current oil prices are lower than under the Biden administration and said gasoline would fall below $1.85 per gallon (≈3.8 liters) "in a very short time," possibly before or shortly after the Nov. 3 midterm elections. He reiterated the U.S. will not allow Iran to acquire nuclear weapons.