Nasdaq 100 turned lower, erasing earlier gains of up to 0.9%.

China's most-active fuel oil futures contract fell 4.0% intraday to 3,616 yuan/ton.

Iran said on the 11th it is assessing whether to add assets and infrastructure linked to Elon Musk’s companies to a potential military target list, citing prior US and Israeli use of communications infrastructure operated by Musk-related firms. Items under evaluation include some Starlink ground stations in Israel, Qatar, Jordan, the UAE and Oman, and certain infrastructure tied to SpaceX investors.