Updated

Trump said the U.S. carried out 'minor strikes' on Iran after Iranian media reported that two missiles hit Qeshm Island near the Strait of Hormuz. The reports, published by CNBC, did not specify casualties or damage, and the scope of the U.S. strikes was not detailed in the headline coverage. The Strait of Hormuz is a key shipping route for global oil, so developments there are closely watched by energy and commodity markets.