U.S. crude (WTI) and Brent rose $0.60 in intraday trade to $69.20/bbl and $72.65/bbl, respectively.

Japan's Nikkei index slipped back below 71,000 points, down 2.00% intraday.

KCNA reported on June 26 that N. Korea leader Kim Jong Un observed weapons tests on June 25 focused on artillery and missile modernization. Tests included an upgraded 240mm 24-tube rocket launcher with automated fire control and indigenous precision guidance, range extended to 90 km; a tactical ballistic missile fitted with a "special mission" warhead said to be intended for lethal, destructive strikes on enemy airports, ports and power facilities; and a 155mm self-propelled gun trialing an extended-range projectile reaching 65 km. Kim said the tests demonstrate major technical progress in automation, range and ultra-precision.