Mehr news agency reports explosions heard in Iran's southern Bushehr region.

TrendForce’s latest memory-price survey says some chipmakers had already reflected increases in their 2Q26 quotes, while several US cloud service providers have signed multi-year LTAs that limit vendors’ ability to raise prices for those accounts. TrendForce estimates Server DRAM contract prices will rise 13–18% QoQ in Q3. Persistent supply tightness, however, could still prompt suppliers to compete by lifting quotes further.

After several oil tankers were attacked in the Strait of Hormuz, Qatar has suspended plans to rapidly ramp up LNG production.