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German business sentiment hits lowest level since 2020 amid Iran war impact

ifo index falls more than expected as confidence weakens across sectors24 April 2026

Russia cuts key interest rate to 14.5%, says inflation risks remain

Bank of Russia says underlying price growth has ‘not yet decreased,’ while external, fiscal uncertainty remain significant24 April 2026

Türkiye’s Baykar unveils next-generation homegrown AI-powered drones

K2 Kamikaze UAV and Sivrisinek loitering munitions conduct coordinated, AI-led swarm show with autonomous navigation, target detection, and coordinated strikes independent of satellite navigation24 April 2026

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Ship traffic near standstill around Hormuz as only 6 vessels move in last 24 hours

Monitoring data shows 4 vessels moving east-to-west and 2 west-to-east, including oil products, dirty petroleum products tankers 24 April 2026

Global markets still under selling pressure amid geopolitical tensions

Lack of tangible progress in US-Iran negotiations for ceasefire and effective closure of Strait of Hormuz continue to fuel selling pressure24 April 2026

Global gas market to stay tight through 2027 as Mideast crisis delays LNG glut: IEA

Damage to Qatar’s LNG infrastructure, Hormuz disruption could cause loss of around 120B cubic meters of LNG supply between 2026, 203024 April 2026

Major US banks post strong Q1 results despite market volatility

Trading gains, investment banking boost earnings amid Middle East tensions24 April 2026

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US-sanctioned tanker appears to attempt Hormuz transit amid near standstill

Conflicting reports on Iranian crude carrier’s movement near Larak Island24 April 2026

Turkish-owned Piaggio secures 1st order for new jet

Piaggio makes comeback following its acquisition by Baykar, features at Germany’s AERO Friedrichshafen trade show24 April 2026

Nike to cut 1,400 jobs globally as part of restructuring

Layoffs to focus on tech roles as company aims to streamline operations24 April 2026

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