An IRGC spokesman said Iran now has strong counterstrike and deterrent capabilities and would retaliate by striking 20 enemy targets if an adversary attacked two to three Iranian targets. He listed conditions to end the confrontation: a complete halt to military operations and abandonment of further threats; withdrawal of Israeli forces from Lebanon; lifting the blockade on Yemen; unfreezing $24.4bn of Iranian assets; and cessation of interference with Iran’s nuclear and missile programs.

The Baltic Dry Index rose 36 points, or 1%, to 3,620 on Wednesday. The Capesize index (BCI) gained 87 points, +1.4%, to 6,400; Capesize daily earnings rose $788 to $54,538 (≈150,000 dwt; typically carry iron ore and coal). The Panamax index (BPI) was unchanged at 2,414; Panamax daily earnings rose $1 to $21,725 (60,000–70,000 dwt; typically carry coal or grain). The Supramax index (BSI) added 11 points, +0.7%, to 1,704. The Handysize index (BHSI) rose 9 points to 922.

India's Nifty IT index extended losses to 3%.