Iran's Press TV, citing informed sources, said Iran would close the Strait of Hormuz if it faces any new attacks.

Dollar selling linked to SK Hynix’s US ADR offering hit the USD/KRW forward market on Wednesday, lifting the won about 1% to its strongest since May 29 and pushing it through the 1,500 level. SK Hynix launched the ADR to raise 43 tln won (~$28.7 bln); major investors have signaled up to $7 bln in subscription intent and the company expects to repatriate dollar proceeds around July 15 and convert part into won. Spectra Markets president Brent Donnelly said even a small slice of the roughly $29 bln would produce material flows in USD/KRW.

Oman condemned parties responsible for attacks on tankers linked to Bahrain, Kuwait, Saudi Arabia and Qatar in the Strait of Hormuz.