State Department spokesperson said U.S. Secretary of State Rubio will visit the UAE, Kuwait and Bahrain June 23-25.

Germany’s defense minister Boris Pistorius said President Trump bears responsibility for the closure of the Strait of Hormuz, adding that “ultimately the plug in this bottleneck was pushed in by Trump, not us, but we have an interest in pulling it back out.” He said Iran had earlier agreed under a preliminary deal signed by Trump and Iranian president Pezeshkian to reopen the waterway and shipping flows had begun to resume, but Iran on Saturday said it had reclosed the route citing Israeli strikes in Lebanon. Pistorius said keeping the Strait open, or ensuring safe passage, is in Europe’s energy-security and economic-recovery interest.

Xiaomi Group (01810.HK) repurchased 6.42 mln shares on June 22, spending HKD 152 mln.