UK Maritime Trade Operations received a report of a security incident 6 nautical miles east of Oman.

SpaceX (SPCX.O) rose about 19% on its Nasdaq debut Friday, closing near $161 and lifting its market value above $2.0 trillion to become the sixth-largest U.S. company. Intraday moves ran roughly +15% to +30% versus Thursday’s pricing; trading volume exceeded 500 million shares with turnover around $80 billion. Final settlement price remains to be determined. The listing was smoother than many expected, easing near-term concerns that a wave of large IPOs, including planned listings by Anthropic and OpenAI, could weigh on markets after a long lull in new offerings.

On June 12 Iranian foreign minister Araghchi told Iranian media a memorandum the US and Iran may sign within days would pledge both sides to respect sovereignty and refrain from interfering in each other’s internal affairs. Araghchi said the text is the first time in 47 years the United States has explicitly acknowledged respect for Iranian sovereignty in writing. He warned US threats would be counterproductive and said Iran is prepared for either a settlement or war.