Trump said the US dollar is very strong.

International crude futures fell for a third session as markets grew more optimistic about resumed exports from the Persian Gulf. BankPro CEO Paul Brocado said improving confidence in the near-term supply outlook could push prices lower, but persistent geopolitical risk will cap declines. Brocado said: "Shipping through the Strait of Hormuz remains constrained, while rising tensions in the Red Sea are heightening market concerns. U.S.-Iran talks are currently deadlocked, which means there is no clear path to a full restoration of regional shipping."

Qatar's foreign ministry media and communications director Ibrahim Hashimi said on the 6th that negotiations and information exchange among parties to the regional conflict are continuing via Qatar and regional partners, with diplomatic efforts under way to bridge differences. He said talks remain ongoing and take account of parties' concerns but declined to comment on specific proposals, dispute points or technical details. Hashimi warned the world is paying a heavy price and urged an immediate negotiated end to the conflict.