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Golden Ten Data reported on July 3 that, according to revised disclosure requirements, European asset management companies are no longer required to report ESG data for all of the assets they hold. The European Commission stated that asset managers who owe a "fiduciary duty" to their clients and manage investment portfolios based on "mandates agreed with clients" are not obliged to provide such information. This is part of the revised version of the EU sustainability reporting standards, published on Friday. These requirements are officially named the European Sustainability Reporting Standards (ESRS) and detail how companies should comply with the EU Corporate Sustainability Reporting Directive. The Commission conducted a public consultation on the so-called "delegated act" draft, with the initial draft released in May and over 400 responses received. EU authorities have spent months revising the ESRS, which forms part of broader efforts to streamline reporting requirements and boost competitiveness. In a statement, the European Commission said the newly revised standards reduce the number of data points companies must report by more than 60%.

According to Odaily, market sources report that Korean media outlet Chosun has revealed that several Korean companies (including Samsung Electronics and others) expressed confusion regarding the recent OUSD announcement listing an “alliance of over 140 partner companies.” The companies in question stated that they “had not received any official communication or inquiry” before the announcement, adding that they are “uncertain about what role they would play within the alliance.” This situation has raised concerns from the public regarding the authenticity of OUSD alliance members and the transparency of its cooperation mechanisms. No further official responses have so far been made by the relevant parties.

Golden Ten Data reported on July 3 that three Iranian and Western sources said Iran has begun negotiations with Japanese companies to sell oil, but potential buyers are seeking a longer US sanctions waiver and guarantees regarding safe navigation conditions in the Gulf region. The US approved Iranian oil transactions in June this year, easing decades-long sanctions aimed at reaching a final peace agreement with Tehran in exchange for Iran's commitments on nuclear inspections and free navigation in the Strait of Hormuz. The current US Treasury sanctions waiver allows trading of Iranian crude oil, petrochemical products, and petroleum products until August 21. Since US President Trump withdrew from the Iran nuclear deal in 2018, sanctions have intensified in recent years, and customers from South Korea, Japan, India, and Europe have stopped buying Iranian oil.