As the US-Israel war against Iran enters its 76th day, peace talks have stalled. US President Trump claims Chinese President Xi Jinping promised not to provide military aid to Iran and will assist in reopening the Strait of Hormuz. Meanwhile, Iran's Foreign Minister accused the UAE of participating in the aggression. Oil prices slightly increased. The IMF warned that the ongoing conflict could drag global economic growth down to 3.1% in 2026, or 2.5% in a worst-case scenario.