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Geopolitics

US Energy Secretary Wright says don't have direct dialogue with Iranian officials, Fox News; looks like Iran has cut production by around 400k BPD

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The Strait of Hormuz will open with or without the cooperation of Iran.

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Eli Lilly (LLY) Q2 2026 (USD): Adj. EPS 8.38 (exp. 6.01), Revenue 23bln (exp. 20.7bln)

LLYGeopolitics

Pakistani sources say Pakistan PM Sharif and Army Chief Munir will visit Saudi Arabia tomorrow, Al Hadath reports

U.S. Economy

US ADP Employment Change (Jul) 44K vs. Exp. 70K (Prev. 98K)