CENTCOM said recent claims by the IRGC Navy that US forces withdrew from the Strait of Hormuz and pulled back several hundred kilometers are false. Weekend actions by the CENTCOM commander show US forces deployed in the Middle East remain present and vigilant in the Strait and surrounding waters. CENTCOM said the US and regional partners, not Iran, control the international waterway.

The CEO of Brazil's oil company said the post-Lula election share plunge was "speculative behavior" and that the company is unaffected. He said now is the time to buy the stock, describing the firm as sound with long-term investment projects.

Intermittent Houthi militant attacks over several weeks, which have killed dozens, are increasingly disrupting Saudi economic activity — restricting aviation, forcing postponement of marquee events and effectively halting parts of the Riyadh financial district — and have driven the Tadawul sharply lower, making Saudi equities one of the worst-performing emerging-market markets this month. Economists say it is too early to precisely quantify the damage, but most judge any windfall from higher global oil prices unlikely to fully offset losses to the non-oil economy central to Crown Prince Mohammed bin Salman's roughly $1.4 tln diversification agenda (tourism, FDI and related sectors).