6 AM After-Hours Flash: Shell commences $3B share buyback program (SHEL:NYSE) | RPC Non-GAAP EPS of $0.03 in-line, revenue of $454.8M beats by $

Bitcoin is trading at 80,829, down 1.8 percent over the past 24 hours, as traders digest ongoing geopolitical tensions in the Middle East that continue to weigh on risk assets. In the Asian market, ship traffic through the Strait of Hormuz has fallen to its lowest level since the war began, despite US efforts to reopen the strategic waterway, a development that adds to supply concerns for crude and global trade flows. In the US market, Shell has commenced a 3 billion dollar share buyback program, planning to cancel the repurchased shares ahead of its Q2 results, a move that could support the energy major's stock as investors look for capital return signals. Multiple outlets are reporting that Iran is reviewing a US proposal to end the war, with President Trump predicting it will conclude quickly following recent talks. This geopolitical flux is keeping oil risk premiums in focus and could translate into higher implied volatility for US options traders tomorrow. SPX is currently trading at 7365.12. Russell's Morning Outlook is coming up soon. I am your VixShield news reporter.