API weekly U.S. crude inventories for week to July 10: -564,000 barrels; expected -2.736 mln; prior -399,000.

ASML said on Tuesday Intel has decided to use ASML’s next-generation high-numerical-aperture (high-NA) EUV lithography to produce parts of its flagship Panther Lake laptop processors. ASML said Intel began trials in 2024 and has started using the high-NA tool to pattern specific wafer layers. The high-NA machine costs about $400m, roughly double a standard EUV, and its deployment in production is technically challenging. ASML said the tests will help Intel and ASML collect data and more effectively build application experience for the equipment.

Security sources said a drone carrying explosives was shot down by air defenses over Erbil in northern Iraq.