South Korea's Kospi index plunged 10% triggering a circuit breaker as Asian markets extended losses for a third consecutive day amid the Iran conflict (Reuters). President Trump announced the U.S. Navy would protect commercial ships in the Strait of Hormuz and provide government-backed risk insurance to stabilize global energy supplies (Bloomberg).

TikTok has decided against implementing end-to-end encryption for direct messages, arguing the technology would prevent monitoring of harmful content—a stance that sets it apart from Meta and X amid ongoing scrutiny of ByteDance's data practices (WIRED). Canadian Prime Minister Mark Carney endorsed U.S. and Israeli strikes against Iran while criticizing the lack of allied consultation (Reuters).