- Stocks, oil rise -

Stocks rose as investors remained optimistic about the US-Iran ceasefire ahead of planned weekend talks.

Markets in Tokyo and Seoul led gains across Asia, and European indices were up about half a percent in morning trading as investors tracked gains on Wall Street.

Oil prices also continued to rise with Brent and West Texas Intermediate both adding about one percent, as the Strait of Hormuz remained largely closed. Both main contracts remain around $100 a barrel.

- Total refinery shut -

French energy giant TotalEnergies said it had shut down a major refinery in Saudi Arabia after it was damaged during the war.

The Saudi energy ministry said there had been "multiple attacks" recently on its oil and gas sites, including the SATORP refinery, a joint venture of TotalEnergies and the Saudi state-owned Aramco group.

No details on production impacts, nor the type of attack, were disclosed.

- Japan oil move -

Japan's Prime Minister Sanae Takaichi said Tokyo planned to release a further 20 days' worth of oil reserves as early as next month.

The country began tapping its stockpiles, the world's largest, in March as the government looked to temper a spike in prices caused by the hit to supply from the conflict.

- Zelensky urges sanctions -

Ukrainian President Volodymyr Zelensky said energy sanctions should be reinstated on Russia following a US-Iran ceasefire agreement that should reopen the Strait of Hormuz waterway.

The United States eased some oil sanctions on Russia last month to tackle surging energy costs caused by the Middle East war. Kyiv and its allies warned the move could help fund Moscow's war against Ukraine.

- Trump says no to Hormuz tolls -

US President Donald Trump warned Iran against imposing a toll for ships passing through the Strait of Hormuz, after Tehran agreed to reopen the crucial route as part of a two-week ceasefire.

"There are reports that Iran is charging fees to tankers going through the Hormuz Strait -- They better not be and, if they are, they better stop now!" Trump said on his Truth Social platform.

In a second message just a few minutes later, Trump added that "very quickly, you'll see Oil start flowing, with or without the help of Iran".

- IMF warns of 'scarring effects' -

The International Monetary Fund will lower global growth forecasts because of the war, said managing director Kristalina Georgieva, warning of the conflict's "scarring effects" despite the fragile ceasefire.

Georgieva said the IMF expected to have to provide up to $50 billion in immediate financial assistance to countries affected by the war.

She added that food insecurity because of transport and supply chain disruptions caused by the war was expected to affect at least 45 million people and "even in a best case, there will be no neat and clean return" to the way things were before the conflict.

- Non-Iranian tanker crosses Strait -

The first non-Iranian oil tanker passed through the Strait of Hormuz since the ceasefire was announced, monitor MarineTraffic showed.

The MSG, a Gabon-flagged oil tanker, passed through the strategic waterway loaded with around 7,000 tonnes of Emirati fuel oil, and is headed to Aegis Pipavav, India, according to the maritime monitor.

Traffic through the crucial shipping lane signals it has not meaningfully reopened since the two-week truce took effect on Wednesday. Just two other tankers -- both Iran-flagged -- and six bulk carriers have been through the strait since Wednesday, according to MarineTraffic owner Kpler.

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