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European Central Bank Chief Economist Lane: Wages will not be significantly affected by energy shocks this year.

According to Canada's Globe and Mail, Canadian artificial intelligence company Cohere is in advanced talks to raise up to $3 billion.

[Iranian Source: Trump Seeks to Return to Negotiations with Iran] According to a report by Lebanon's Al Mayadeen, citing a senior Iranian security and political source, contrary to claims and "threatening rhetoric," Trump is seeking to return to negotiations with Iran. Trump and his hawks have realized that escalating military pressure will ultimately fail, especially after the recent "attacks they tried to cover up." The global energy market has correctly interpreted the "battlefield signals and military messages" released by Iran, with oil prices reaching $110 per barrel and potentially rising further. Iran's heavy strikes against US military bases in the region, the successful test launch of a new anti-ship missile, the Revolutionary Guard's "successful capture of an advanced US submarine," and the continued refusal to open the Strait of Hormuz are all signals of escalation, with the latter two factors further impacting oil prices. The source stated, "We confirm that Trump is currently trying to get back on track for negotiations and increase his bargaining chips to achieve a slight reduction in oil prices. We reiterate that negotiations are only possible if Iran's conditions are accepted."

ECB Chief Economist Lane: If rising energy prices continue, it could affect consumption in the fall, but this remains an uncertain issue.

White House official: Russian officials will attend the G20 energy meeting in Houston next week.

The Federal Reserve accepted a total of $5.255 billion from three counterparties in its fixed-rate reverse repurchase operations.