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Oil prices fall around 6% on hopes for US-Iran diplomacy

Markets remain cautious as risks to shipping through Strait of Hormuz and Bab el-Mandeb Strait persist27 July 2026

China memory chipmaker CXMT surges in debut, becomes largest listed firm

Changxin Memory Technologies produces memory chips that power AI servers, smartphones, personal computers27 July 2026

Markets remain optimistic that Fed will maintain rates in 2026

Fed’s policy rate to remain steady in July, while maintaining policy through next summer, but rate hike may be possible in September, experts say27 July 2026

Kars province applies for EU geographical indication status for region's acclaimed kashar

19,000 metric tons of kashar and gruyere cheese produced annually in Türkiye's Kars27 July 2026

Fed heads to July meeting under shadow of uncertainties

Markets expect Fed to keep interest rates unchanged next week as easing inflation offset by renewed energy-price risks linked to Middle East tensions26 July 2026

US stocks close week mixed

Dow Jones up 0.46%, S&P 500 flat and Nasdaq down 0.64% while European indexes close week with increases25 July 2026

World Bank estimates Venezuela earthquake damage at $19.6B

World Bank Group highlights urgent need for rapid reconstruction to support economic recovery in country24 July 2026

Hormuz traffic falls as Bab el-Mandeb activity rises

MarineTraffic data shows traffic through Strait of Hormuz fell to just 6 confirmed crossings, down 60% day-on-day24 July 2026

Russian central bank cuts policy rate to 14%, as expected

Central bank lowers 2026 growth forecast to 0-1%, expects inflation at 6-7% by year-end24 July 2026

FACTBOX – What to know about Trump's new tariffs on 60 economies

- Latest trade measures took effect Friday, with tariff rates ranging from 10% to 12.5% and governments responding around the world24 July 2026

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