Turkey's central bank launched a one-week "gold-for-lira" sell-side swap auction via conventional procedure, sized at 6 tonnes of gold.

Kremlin: military chiefs briefed President Putin on a "large-scale" strike operation against "military or paramilitary facilities" in Kyiv and other regions.

US and Iranian negotiators held talks in Doha focused on the Strait of Hormuz, where the US urged Iran to abandon demands to levy transit fees, saying such a move could scupper a more favorable US‑Iran deal. A US Middle East envoy and senior adviser Jared Kushner met Qatar’s prime minister and other Qatari mediators Tuesday and met the emir Wednesday. A US official said Washington told Iran that full sanctions relief would allow Iran to earn roughly 100 times more from unfettered oil and resource sales than it could by charging transit fees.