President Trump said he believes Miller will get along well with Democrats.

S&P Global Energy ship-tracking data show 31 fully laden LNG carriers transited the Strait of Hormuz in October, the highest monthly count since shipping was disrupted by the US‑Iran conflict in February. Twenty‑three vessels were loaded at Qatar’s Ras Laffan and eight at the UAE’s Das Island, up from 23 transits in September. S&P Global Energy senior chief analyst Eric Yep said UAE transit volumes have returned to pre‑conflict levels, while Qatar’s Hormuz transits have recovered to more than 30% of pre‑conflict volumes.

European equity indices opened higher. Germany's DAX and Italy's FTSE MIB rose more than 1%; EUROSTOXX 50 gained over 0.9%.