Iran’s Revolutionary Guards threaten to halt oil and gas exports through the Strait of Hormuz while U.S. attacks continue, Tasnim reports.
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Iran’s Lorestan province was hit in U.S. strikes, Iranian media outlet ISNA says, citing a provincial official.
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Nikkei share average drops further, down 5.04% at 63,466.28 in Tokyo trading.
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UK workers at Neo Next win a pay settlement after strike pressure from Unite, the union says.
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Swiss Franc steadies against Dollar as US-Iran tensions counter shifting Fed outlook - FX
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Iranian Revolutionary Guard: Our forces still control the Strait of Hormuz
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European stock futures move lower, with Euro Stoxx 50 futures down 1.1%, DAX futures down 0.9%, and FTSE futures down 0.4%.
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Nikkei share average drops 6% in Tokyo trading.
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Moonshot AI touts world’s largest open-source model as China closes gap with US - SCMP
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Tougher U.S. student visa rule to affect over 13,000 S. Koreans in America - YONHAP
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Canadian Dollar holds near one-month top as bullish oil offsets Fed hike bets and firm USD - FX
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Volvo Car Q2 Earnings:

- Revenue: SEK 77.67B (est SEK 82.58B)
- Operating Income: SEK 826M (est SEK 1.28B)
- EBIT Margin: 1.1% (est 1.42%)
- Retail Sales: -6%
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Taiwan shares slide over 6%, extending market losses.
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Hong Kong’s technology benchmark declines almost 5% amid broad market weakness.
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Indonesia’s rupiah appreciates to 17,935 per dollar, reaching its strongest level in nearly three weeks.
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China’s benchmark Shanghai Composite drops under the 3,800-point level, extending losses beyond 2%.
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Jordan’s armed forces say they intercepted three Iranian missiles aimed at the country, with no injuries or damage reported.
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Volvo reports a SEK 1.2 billion hit from U.S. tariffs in Q2 2026.
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Volvo says China’s truck market posted 14% annual growth compared with the prior year.
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Volvo reports an 18% year-over-year drop in North American retail truck sales through May.
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China and Pakistan urge a ceasefire and renewed negotiations between Washington and Tehran, China’s Foreign Ministry says.
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