European equities opened muted, with Stoxx 600 and DAX up 0.2% while CAC 40 and FTSE 100 were flat.
US President Donald Trump announced a new effort to reopen the Strait of Hormuz, establishing an enhanced security area with Omani cooperation.
Brent crude rose 0.8% to $109.04 per barrel, reflecting ongoing supply concerns and heightened energy‑inflation pressures.
Year‑to‑date AI investment reached $751 billion, $80 billion above forecasts and 83% higher than 2025 spending.