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12 AM After-Hours Flash: Trump says U.S. can resolve Iran conflict without China’s help | Vietnam imports more fuel to offset oil shortfall amid

Bitcoin breaking higher as risk sentiment improves with traders pricing in less immediate geopolitical fallout. Bitcoin is currently trading at 81196 up 0.2 percent over the past 24 hours and remains within 2 percent of the 80k level. In Asian markets President Trump says the U.S. can resolve the Iran conflict without China's help even as he heads to Beijing amid a Middle East stalemate. In the Asian market Vietnam is ramping up fuel imports to offset crude shortfalls caused by the Iran war according to customs data. In the US market Chicago Fed President Goolsbee is flagging rising services inflation risks after weak April data saying price pressures are moving in an unfavorable direction and keeping policymakers cautious on rates. SPX closed the session at 7400.96 while the VIX sits at 17.99. Oil markets remain on edge with the Strait of Hormuz tensions adding a geopolitical risk premium. Russell's Morning Outlook is right around the corner — stay with VixShield. I am your VixShield news reporter.

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