Freeport LNG said its Texas facility has begun major maintenance work that will continue through late August.

Japan's Nikkei 225 rose 1.00% intraday.

BAGHAEI said the U.S. violated the memorandum of understanding by questioning safe-passage arrangements for ships in the Strait of Hormuz and carrying out “aggressive attacks” on Iran. He said the MOU was not founded on mutual trust but on a “commitment-for-commitment” mechanism; Article 5 assigns Iran responsibility for drafting navigation safety arrangements for the Strait and U.S. unilateral actions challenge that clause. He added Iran will firmly defend its national interests and sovereignty.