Japan's Nikkei 225 opened 312.89 points higher, or 0.47%, at 67,131.94 on Thursday, July 9.

U.S. Vice President Vance warned that if Iran attempts to close the Strait of Hormuz, the U.S. military will respond. He said the standing arrangement is that if Iran stops firing on vessels the U.S. will lift its blockade, but if Iran continues attacks the U.S. will strike back. Vance said Iran can comply or face what happened last night, and similar actions will continue until Iran reopens the waterway and ceases attacks on ships.

US President Trump said the US had reached many trade agreements with Turkey and praised Turkish President Erdogan as a good partner.