The US semiconductor equipment sector rallied, with AEHR rising more than 10%.

According to EIA’s Short-Term Energy Outlook report, WTI crude oil prices are projected to reach $80.88 per barrel in 2026, up from the prior forecast of $76.26 per barrel. For 2027, WTI is expected to hit $65.39 per barrel, compared to the earlier projection of $60.76 per barrel. Brent crude is forecast at $86.81 per barrel in 2026, revised up from the previous estimate of $81.91 per barrel, while the 2027 Brent price is projected at $69.39 per barrel, versus the prior forecast of $64.76 per barrel.

Secretary of Iran’s Supreme National Security Council Rezaei released a statement, saying: "The United States is the source of insecurity in the Persian Gulf, the Strait of Hormuz, and the Gulf of Oman. By imposing an illegal war on Iran, it has endangered the entire region. As long as the U.S. does not alter its behavior and accept Iran’s terms, the Strait of Hormuz will not reopen. The U.S. must end the war, release Iran’s frozen funds, and halt all conflicts in the region, including those in Lebanon and Gaza. It must also fulfill other conditions conveyed to the U.S. through intermediaries. If Iran and Oman strike a deal on transit passage through the Strait of Hormuz, that agreement will be addressed separately from the issue of the strait’s closure."

Iran's state-run television IRIB quoted an advisor to the Supreme Leader as saying that the Strait of Hormuz will remain closed until relevant conditions are met.

According to U.S. financial outlet Semafor, Intel CEO Pat Gelsinger (known as Chen Liwu in Chinese) requested U.S. approval for Intel’s (INTC.O) secondary stock offering. The Trump administration opted not to take part, while U.S. Secretary of Commerce Wilbur Ross greenlit the company’s secondary offering proposal.

MicroStrategy CEO Phong Le told Fox News in an interview that the company will continue to increase its Bitcoin holdings this year.

August 11 Update: #Bitcoin ETFs: 1D NetFlow: -2,209 $BTC(-$141.23M)?? 7D NetFlow: +8,545 $BTC(+$546.45M)?? #Ethereum ETFs: 1D NetFlow: -14,499 $ETH(-$27.22M)?? 7D NetFlow: +110,579 $ETH(+$207.62M)??