Hang Seng Tech Index fell in early trade, losses widened to 1%; HSI down 0.31%.

Iraq plans to export crude via an alternative Syria route to bypass the Strait of Hormuz, arranging tanker trucks to move oil overland to Mediterranean ports, foreign media report. Syria’s state oil company CEO Yusuf Kibravi said Iraq has asked Syria to expand cooperation beyond existing fuel-oil shipments. Iraq already uses tanker-truck convoys to deliver some fuel oil overland to Banias on Syria’s Mediterranean coast for transshipment onto tankers. Using the same land‑sea model for crude would create an export corridor that avoids the Strait of Hormuz.

U.S. President Trump said Federal Reserve Chair Warsh is outstanding, but he only has "one vote".