Donald Trump claimed that oil prices are "falling like a stone." Ukrainian President Volodymyr Zelensky emphasized that Europe's security depends on financial support for Ukraine's army and urged fast EU membership for Kyiv. Iraq's oil minister Jabar announced a gradual return to normal production and export levels, pending smooth passage through the Strait of Hormuz. Iran's chief negotiator Qalibaf warned of a strong response if the nuclear agreement is violated. U.S. and Mexican trade officials discussed revisions to the USMCA, including rules of origin for industrial goods and a new committee to oversee Chapter 12. Japan's finance minister Katayama said decisive action is ready to curb currency market volatility. The U.S. expressed concern to ASML about China's access to advanced chip equipment, and the Pentagon told lawmakers it needs $80 billion for potential conflicts with Iran and other costs.