Iran's domestically developed Simorgh transport aircraft has entered the certification phase and is expected to begin commercial operations in the Iranian year 1406 (March 2027-March 2028), according to a senior official at the Vice Presidency for Science, Technology and Knowledge-Based Economy.

Saudi crude oil loading volumes at the Red Sea port of Yanbu have dropped by 40 percent since Yemen imposed a blockade on the kingdom in retaliation for its aggression and the decade-long siege of the impoverished country.

Shares of Changxin Memory Technologies soared more than 500 percent on their Shanghai debut, making the Chinese chipmaker the most valuable company in mainland China amid surging AI-driven demand for semiconductors.

China's crude oil imports are expected to rebound in July, averaging 7.8 million barrels per day, according to preliminary figures from data analytics firm Kpler, marking a significant increase from June's decade-low levels.

Oil prices retreated from $100 per barrel on Monday as signs of easing geopolitical tensions in the Middle East emerged, with both Brent and WTI crude falling more than six percent.

France and Spain are battling some of the worst wildfires in their history, with firefighters facing an unprecedented phenomenon known as "pyrocumulonimbus" — fire-generated thunderstorms that create their own weather systems.

Gold prices rose on Monday, supported by a sharp drop in oil prices that eased concerns about inflation, while a weaker dollar also made the precious metal cheaper for holders of other currencies.

Gold prices reached their highest level in two weeks on Wednesday, driven by technical buying and safe-haven demand amid renewed US military aggression against Iran.

The renewable energy capacity of Iran has exceeded 5,400 megawatts (MW), a senior energy official announced, noting that the capacity is projected to pass 7,000 MW by the end of the summer if equipment and foreign currency requirements are met on time.

Iran's Oil Minister stated that despite the cancellation of the 60-day waiver, the country's oil exports continue as before and no problems will arise in this regard, emphasizing that the ministry has long maintained mechanisms to neutralize US sanctions.