A deputy head of branch and corporate banking at the Export Development Bank of Iran said the bank will provide support to clients affected by the war; loan disbursements targeting support for SMEs and knowledge‑based firms have reached 180% of target.

Iceland holds a nationwide referendum on the 29th on whether to restart EU accession talks. Voting began at 09:00 local time and polls close at 22:00; voters choose "Yes" or "No", with a "Yes" authorizing the government to reopen negotiations. Iceland applied to join the EU in 2009 and launched talks that were shelved in 2013 after a eurosceptic government took office. Vote counting will begin after polls close. Analysts say Iceland joining the EU could set a precedent for other non‑EU European countries.

Fed's GOOLSBEE said inf clearly driven by overheating demand will be difficult to resolve.