US indices fell, with the S&P 500 down 0.5% to 7,101.81, Nasdaq down 0.9% to 24,441.79, and Dow down 0.6% to 49,207.
US‑Iran tensions saw President Trump order “shoot and kill” of Iranian boats in the Strait of Hormuz, amid blockades and vessel seizures.
Brent crude oil rose 3.1% to $105.01 a barrel, breaking the $100 psychological barrier as geopolitical risk heightened.
Earnings: Tesla fell 3.4% after $25 bn capex plan; Texas Instruments rose 19% on guidance, while IBM, ServiceNow and Honeywell slipped.