Iranian media, citing military sources, said it fired warning shots at a 'violating vessel' in the Strait of Hormuz several hours ago.

Tech selling resumed as investors dumped AI-related names, dragging European semiconductor shares down alongside Asian peers. Micron Technology’s strong after-hours results and upbeat outlook on Wednesday failed to revive the AI trade on Thursday. On Friday SK Hynix fell 8.4% and TSMC dropped 2.1%; in Europe ASML slipped 0.9%, ASM International slid 3.3%, Infineon fell 2.9% and STMicroelectronics lost 2.5%. E-mini Nasdaq 100 futures were down 0.8%.

Iranian state media said 22 crew members from an Iranian oil tanker seized by the United States were handed over to Iran's consulate in Karachi, Pakistan.