IRNA reported that Iran's foreign minister held telephone talks with the foreign ministers of Oman and Saudi Arabia. The ministers discussed recent bilateral and regional developments, urged closer cooperation and joint diplomatic efforts to preserve regional stability and to remove what they described as the forced insecurity facing the Strait of Hormuz, which they attributed to US aggressive actions.

Satellite imagery shows a storage tank alight at ARAMCO's Jazan refinery after the Houthis said they attacked the site over the weekend. Images show a tank on fire at the 400,000 bpd facility and heavy smoke from an east-side flare tower. Flare towers burn excess gas and act as critical safety relief. It is unclear if operations are affected; visible damage appears limited to the storage tank and smoke obscures assessment of south-side tanks.

KOSPI's 60-day correlation with the Nasdaq-100 has climbed to about 0.50, the highest since 2021, as AI spending ties US tech giants to Korean memory-chip makers. Samsung Electronics and SK Hynix account for more than half of KOSPI’s weight, effectively turning the index into a semiconductor proxy, Futurum Group says. Recent rallies and volatility in Korean chip stocks have pushed global investors to treat the market as a bellwether for AI flows; analysts warn the growing synchronicity reduces cross-market diversification and would leave Korea more exposed than most markets if hyperscalers cut capex.