Sources say the Iraqi state oil marketing organization (SOMO) has launched a fuel oil tender requiring monthly deliveries, but market demand is expected to be weak.

Spot gold rose 1.00% intraday to $4,564.38 per ounce; COMEX gold futures main contract last quoted at $4,621.40 per ounce, up 1.09% intraday.

Spot gold has just surpassed the $4,560.00/oz mark, now quoted at $4,560.23/oz, up 0.91% for the day; COMEX gold futures main contract is now quoted at $4,617.30/oz, up 1.00% for the day.

SK hynix (SKHY.US) reportedly plans to invest trillions of won to build a factory in Japan, potentially setting a precedent for Korean semiconductor investment in Japan

According to Kpler data, there are currently around 83 million barrels of Iranian crude oil anchored outside the Persian Gulf and the Gulf of Oman. Before the U.S. reinstated relevant restrictions in mid-July, this figure had exceeded 100 million barrels.