Bank of Japan Deputy Governor UCHIDA said the Middle East situation has seen various developments and is satisfactory.

A-share shipping and ports sector extended losses in the afternoon session; COSCO Shipping Energy slid about 9%, China Merchants Energy Shipping fell over 6%, with Nanjing Port, Ningbo Ocean Shipping and China Merchants Nanyou also trading lower.

Speaking with Macron, Trump said the Strait of Hormuz will be fully open on Friday and the US-Iran agreement has been electronically signed. He said the agreement text will be released after Friday and that sanctions will not be lifted until Iran fulfills its obligations. Vice President Vance will sign the agreement; Trump said he may or may not sign. He said he seeks good relations with Iran under robust oversight and reiterated that Iran will not possess nuclear weapons. He added he hopes to resolve the Lebanon issue and noted oil prices are sharply lower while equities are rising.