Argus Media's Nader Itayim notes "As most Gulf countries have had to slash crude output due to the de-facto closure of the Hormuz strait... Oman's crude exports rose to a new ATH in May"

Honeywell (HON) targets 3yr organic growth 4-6%, margin expansion over 60bps annually

India's Foreign Ministry says attacks on vessels were undertaken by the US navy; two of the ships were Ofac sanctions, one was non-compliant

Argus Media's Nader Itayim notes "As most Gulf countries have had to slash crude output due to the de-facto closure of the Hormuz strait... Oman's crude exports rose to a new ATH in May"

Newsquawk Daily US Opening News - 11th June 2026

Malaysian Economy Minister says El Nino could potentially reduce rainfall by 40-60% in some states; could reduce crop yields by 8-10%