Malaysia's Economy Ministry said it will prioritize projects under the 13th Five-Year Plan to support economic recovery if the Gulf crisis persists.

Chinese government bond futures turned positive in the afternoon; the most-active 30-year contract gained 0.18%, 10- and 5-year contracts each gained 0.04%, and the 2-year contract gained 0.01%.

Baghaei, Iran’s foreign ministry spokesman traveling with the Iranian negotiating delegation to Switzerland, said on his personal social media on the 21st that Iran will rigorously follow up on US fulfilment of its commitments. The Switzerland meeting aimed to track implementation of clauses in the Iran–US memorandum of understanding; under Article 13, launching final-agreement talks depends on execution of Articles 1, 4, 5, 10 and 11. Article 1 — ending wars on all fronts, including Lebanon — must be implemented before final negotiations can begin. Talks focused on implementing those clauses, especially Article 1, and reviewed measures to execute Article 10 (Iran oil exports) and Article 11 (unfreezing frozen Iranian assets).