U.S. SECRETARY OF STATE RUBIO: IT'S IN G7'S INTEREST TO HELP US WITH STRAIT OF HORMUZ

China’s most active futures contracts were mixed at the open, with methanol and synthetic rubber rising more than 3%, while silver, gold, nickel, PTA and copper gained over 1%. Platinum and palladium fell more than 2%.

German officials are mapping U.S. supply-chain vulnerabilities to identify potential leverage in future disputes with President Donald Trump, as part of a broader European effort to reassess transatlantic ties. Early options include targeting major U.S. tech firms such as Alphabet Inc., Amazon.com Inc. and Meta Platforms Inc., as well as exploiting choke points in AI and semiconductor supply chains involving firms like ASML Holding NV. Officials also see leverage in Europe’s role in pharmaceuticals, chemicals and investment flows, while more extreme measures are viewed as unlikely due to potential economic and security fallout.