Bank of Korea Governor Shin said South Korea, like euro-area economies, is relatively sensitive to energy-price shocks due to a high dependence on energy imports.

CENTCOM guided roughly 70 merchant vessels through the Strait of Hormuz over the past three weeks as negotiations to end the Iran war remain stalled, US officials said. To avoid detection most ships operated with AIS transponders switched off. Officials declined to specify vessel types or exact routes but said at least one corridor was routed well away from the Iranian coast; maritime analysts say convoys favored routes nearer Oman. US officials warned vessels approaching Iran without permission are highly likely to be targeted by Iranian drones or missiles.

Ukraine's southern defence forces formally rejected Russian allegations, denying Ukrainian troops struck the ZAPORIZHZHIA NUCLEAR PLANT transport workshop and calling the claims baseless.