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July 13, 2026

Oil Prices Surge by 5% Amid US-Iran Escalation in Hormuz

Ankara: Brent crude oil prices surged nearly 5% on Monday following renewed US-Iran tensions that have intensified concerns regarding the shipping and energy supply routes through the Strait of Hormuz. The international benchmark rose to approximately…

SK hynix Shares Plunge Record 15.4% in Seoul After Nasdaq Debut

Seoul: Shares of South Korean chipmaker SK hynix plunged 15.4% in Seoul on Monday, marking their steepest-ever daily decline following the company’s blockbuster Nasdaq debut.

According to Anadolu Agency, the memory-chip producer recorded its largest…