UN Secretary-General GUTERRES said he was deeply concerned by the resumption of Houthi attacks on commercial vessels in the Red Sea and the threat they pose to maritime navigation.

Iran's Islamic Revolutionary Guard Corps said it struck a US Fifth Fleet observation tower in Bahrain.

Mitsubishi UFJ Financial Group analyst Derek Halpenny said a sustained surge in energy prices, especially if a US‑Iran conflict intensifies, could put downward pressure on the euro and pound. Higher natural gas prices would hit household incomes and likely damp consumer spending and economic growth. He noted that while market rate expectations for the Fed, ECB and BoE are converging, investors may view the US economy as better able to withstand tighter policy.