Newsroom

UN shipping agency calls Trump's 20 percent Strait of Hormuz toll plan without legal basis

The International Maritime Organization (IMO), the United Nations' maritime body, rejected the US administration's plan to charge a 20 percent toll on cargo passing through the Strait of Hormuz. Its secretary-general, Arsenio Dominguez, said on Monday, July 13, 2026, that there is no legal basis to impose mandatory tolls simply to transit a strait, and that the organization's stance against charging for passage through waterways used for international navigation has not changed. The IMO's position rests on the Law of the Sea Convention, which grants a right of transit passage through international straits and bars the levying of tolls. The reaction followed US President Donald Trump's demand for payment equal to 20 percent of the value of cargo crossing the Strait of Hormuz in exchange for providing security. The Strait of Hormuz is the main route for Persian Gulf oil exports.

CNBC · Jul 14, 2026

Wall Street opens mixed after soft US inflation data; IBM slumps about 22 percent

US stocks opened mixed on Tuesday, July 14, 2026, after softer-than-expected June inflation data. The S&P 500 and the Nasdaq rose at the open, while the Dow Jones Industrial Average fell under pressure from IBM. IBM shares dropped about 22 percent after weak preliminary quarterly results. June's Consumer Price Index fell 0.4 percent from the prior month and rose 3.5 percent from a year earlier, below the 3.8 percent forecast. After the data, traders trimmed bets on a rate increase at the Fed's upcoming meeting. Second-quarter results from major US banks, including JPMorgan, Goldman Sachs, Citigroup, Bank of America and Wells Fargo, were also in focus.

Yahoo Finance · Jul 14, 2026

Warsh in first Congressional testimony: vows to tame inflation but gives no rate-path signal

Kevin Warsh, the new chair of the US Federal Reserve, told Congress on Tuesday, July 14, 2026, in his first testimony that if policy is set correctly the inflation surge of the past five years will be a thing of the past, and that the central bank has no tolerance for persistently elevated inflation. He stressed a commitment to restoring price stability. Continuing his new approach and unlike his predecessors, Warsh gave no clear guidance on the path of interest rates. The testimony coincided with the release of June inflation data showing the annual Consumer Price Index at 3.5 percent and the core rate (excluding food and energy) at 2.6 percent. Fed policy is a main channel affecting the global dollar and gold prices, so it matters for Iran's market.

Axios · Jul 14, 2026

Goldman Sachs Posts Record $20.3 Billion Revenue in Strong Second Quarter

Investment bank Goldman Sachs reported record second-quarter 2026 results on Tuesday, July 14. Net revenue for the three months ended June 30 reached $20.3 billion, up 39% from a year earlier, and diluted earnings per share came in at $20.98, well above analysts' expectations of roughly $14.5. The bank's equities trading revenue jumped 72% to $7.42 billion, and assets under supervision hit a record $4.04 trillion. Quarterly net earnings were $6.63 billion. Goldman was one of five major US banks reporting on Tuesday, the same day as the inflation data. JPMorgan had earlier also posted a record quarterly profit.

Yahoo Finance · Jul 14, 2026

Global Gold Climbs Back Above $4,000 After Soft US Inflation Data

Spot gold climbed back above $4,000 an ounce on Tuesday, July 14, after three straight sessions of declines. The rebound followed the release of June US inflation data that came in softer than expected, easing some concern about a Federal Reserve rate hike. According to Sahmino data, gold traded near $4,076 an ounce during Tehran afternoon hours, up about 1.9% from the previous day. On Monday, gold had slipped below $4,000 to its lowest level since July 1. A softer dollar and higher oil prices also supported the metal. Swings in the global ounce, together with a weaker rial, are the main drivers of gold and coin prices in Iran's domestic market.

Invezz · Jul 14, 2026

US Inflation Fell 0.4% in June, Beating Forecasts; Annual Rate Eases to 3.5%

US consumer prices fell a seasonally adjusted 0.4% in June from the prior month, the biggest monthly decline in more than six years, driven mainly by a sharp drop in energy and gasoline prices. The Bureau of Labor Statistics released the data on Tuesday, July 14. Economists surveyed by Dow Jones had expected a 0.2% decline. The annual inflation rate eased to 3.5% from 4.2% in May, below the market's 3.8% forecast. Core inflation (excluding food and energy) was flat in June, putting its 12-month rate at 2.6%, versus expectations of a 0.2% monthly rise and a 2.9% annual rate. After the release, markets cut the odds of a Federal Reserve rate hike at the July meeting to about 17%, down from roughly 42% on Monday, though traders still price about a 60% chance of a hike at the September meeting. The path of US rates and the global dollar feed through to gold and dollar prices in Iran's market.

CNBC · Jul 14, 2026

Stocks

Tehran Stock Exchange falls for a fourth straight session; main index holds below 5 million on a 1.75% drop

The Tehran Stock Exchange's main index (TEDPIX) closed on Tuesday, 14 July 2026, down about 1.75 percent, shedding nearly 89,000 points to around 4,967,000 units, and held below the 5 million mark for a fourth consecutive session. The sell-off was accompanied by an outflow of roughly 4,000 billion tomans of retail (real) money from the market. Analysts cited political and regional risks, worry over tension in the Strait of Hormuz, and the prospect of higher interest rates as the main drivers of the continued decline. Even so, some groups such as pharmaceuticals showed signs of returning demand. The same day's jump in the free-market dollar above 180,000 tomans has pulled part of retail liquidity out of equities and toward the currency and gold markets.

روزنامه تعادل · Jul 14, 2026

JPMorgan, biggest US bank, posts record quarterly profit of about $21 billion; revenue up 28%

JPMorgan Chase, the largest US bank, reported second-quarter results (for the period ended June 30) on Tuesday, July 14, 2026, posting a record net income of about $21.1 billion, up nearly 41% from a year earlier and the highest quarterly profit in the bank's history. Net revenue rose 28% to $57.3 billion, beating analyst expectations. Equities trading revenue surged 86% to about $6 billion, and the sale of part of the bank's stake in Visa added roughly $4.6 billion. The CEO said performance was strong across the firm and that revenue in each line of business hit a new record. JPMorgan opens Wall Street's big-bank earnings season, with Citigroup, Bank of America, Wells Fargo and Goldman Sachs also due to report on Tuesday. Coming alongside the June US inflation data, the results serve as a gauge of the health of the American economy and consumer.

CNBC · Jul 14, 2026

Brent Crude Hits One Month High, Up Over 4 Percent After Trump's 20 Percent Strait of Hormuz Toll Plan

Brent crude oil jumped more than 4 percent on Tuesday, July 14, 2026, reaching about $86.9 a barrel, its highest level in a month. West Texas Intermediate (WTI) also rose about 2.8 percent to near $80.4 a barrel. The main driver was Donald Trump's announcement of a 20 percent toll on all cargo passing through the Strait of Hormuz and the reinstatement of a naval blockade of Iranian ports. Estimates put the toll at roughly $32 million for a supertanker, far above the previous charge of up to $2 million. Fears of a supply disruption intensified after Hormuz transits fell to 57 from Friday through Sunday, a drop of more than 50 percent versus the prior week. The Strait of Hormuz is the main export route for Iranian and Persian Gulf oil, and swings in global crude prices feed directly into Iran's foreign-currency earnings and domestic markets.

Al Jazeera · Jul 14, 2026

64 kg of gold bars sold at Tuesday's Exchange Center auction; average 9.346 billion tomans per bar

Iran's Currency and Gold Exchange Center (Markaz Mobadeleh) held its 116th gold bar auction on Tuesday, 14 July 2026 (23 Tir 1405). Of the 115 kilograms of gold bars offered, 64 kilograms were sold for more than 598 billion tomans, at an average price of 9.346 billion tomans per standard bar. According to the report, 19 gold bar auctions have been held at the Exchange Center since the start of the Iranian year 1405, selling a combined 1,506 kilograms for 13,253 billion tomans. The auctions are a government tool to meet market gold demand and calm prices, and they come on days when the free market dollar has climbed above 180,000 tomans. About 51 kilograms of the bars offered went unsold, pointing to less than full buyer appetite at these price levels.

صدای بورس · Jul 14, 2026

18-carat gold and the Emami coin rise in Tuesday trading as a weaker rial outweighs a steady global ounce

Domestic gold and coin prices rose on Tuesday, 14 July 2026. Jamejam reported that each gram of 18-carat gold entered the 17.6 million toman range, while Sahmino's price service showed it near 17.8 million toman (up about 0.7 percent) by around 11:35. The Emami coin reached about 179.5 million toman, up roughly 1.4 percent per Sahmino data, and the mesghal of gold sat in the 77 million toman range. The gains came while the global gold ounce hovered near 4,000 dollars, so the main driver of the domestic rise was the weaker rial and the climbing free-market dollar rather than the world price.

جام‌جم آنلاین · Jul 14, 2026

Free-market dollar hits a one-month high, climbing above 180,000 toman in Tuesday trading

The free-market US dollar opened Tuesday, 14 July 2026, at around 180,985 toman, which Fararu reported as its highest level in a month after a gain of roughly 1,300 toman from Monday. According to Sahmino's price service, the dollar extended its rise during morning trading, reaching about 183,700 toman by around 11:34, up roughly 1.5 percent on the day. The move came alongside renewed tension in the Strait of Hormuz and rising uncertainty in the currency market. The agreed-rate (tavafoqi) dollar traded in the same range with a similar gain.

فرارو · Jul 14, 2026

GoldGlobal

Global gold holds below $4,000 for a third straight session, weakest since July 1

Spot gold held below the $4,000 mark on Tuesday, July 14, 2026, trading around $3,996 an ounce in Asian morning hours, its third consecutive session lower and the weakest level since July 1. The move followed Monday's slide of nearly 3 percent. The jump in oil prices amid renewed US and Iran tensions over the Strait of Hormuz has lifted inflation worries and reinforced market expectations that the Federal Reserve will keep interest rates elevated, which dims the appeal of non-yielding gold. The drop in the global ounce is also weighing on domestic gold and coin prices in Iran (the latest figures are available in Sahmino's prices section).

The Nation (Thailand) · Jul 14, 2026

Bloomberg: Iran exported about 57 million barrels of crude between two US blockades

Bloomberg reported on Monday, July 13, 2026 (22 Tir 1405) that Iran exported at least 57 million barrels of crude oil during the gap between two rounds of US naval blockade, about 2.2 million barrels a day, a flow that helped keep global oil prices in check for a time. The estimate landed the same day US President Donald Trump said Washington would restore its blockade of ships entering and leaving Iranian ports and impose a 20 percent charge on other cargoes passing through the Strait of Hormuz. The move came less than a month after an interim deal between the two countries to ease restrictions and lift sanctions on oil sales. Reinstating the blockade puts Iran's oil exports and foreign-currency revenue back under pressure, after earlier reports that a portion of Iran's unsold cargoes had been left idling in Asian waters.

Bloomberg · Jul 14, 2026

OPEC cuts 2026 oil demand growth forecast for a third straight month, to 800,000 bpd

In its monthly oil market report published on Monday, July 13, OPEC lowered its 2026 global oil demand growth forecast for a third consecutive month, to about 800,000 barrels per day. The report attributed the bulk of that growth, roughly 740,000 barrels per day, to non-OECD countries. OPEC also put 2027 demand growth at 1.94 million barrels per day. OPEC+ crude output rose by about 3 million barrels per day in June to average 36.28 million barrels per day. OPEC's demand outlook and supply policy carry direct significance for the oil-reliant economy of Iran, a member of the organization.

Zawya · Jul 14, 2026

South Asia

India's retail inflation accelerates to 4.38 percent in June, above forecasts

India's National Statistics Office said on Monday, July 13, that retail (consumer price) inflation reached 4.38 percent in June 2026, accelerating from 3.93 percent in May and coming in above analysts' forecasts. Food inflation was reported at 5.32 percent for June. The pickup, attributed in part to higher global oil prices following the US-Iran tensions, has strengthened market expectations that the Reserve Bank of India could raise interest rates. India is one of the world's largest oil importers, and the direction of its monetary policy and energy demand carries weight for regional markets.

CNBC · Jul 14, 2026

East Asia & Pacific

China's H1 2026 foreign trade tops 25 trillion yuan, up 16.9 percent

China's General Administration of Customs said on Tuesday, July 14, that the country's goods trade reached 25.47 trillion yuan (about 3.75 trillion dollars) in the first half of 2026, up 16.9 percent year on year and the first time the first-half figure has passed 25 trillion yuan. Exports rose 13.4 percent to 14.73 trillion yuan and imports climbed 22.1 percent to 10.74 trillion yuan over the January to June period. In June alone, combined exports and imports totaled 4.78 trillion yuan, a 24.2 percent increase from June a year earlier. China is Iran's largest trading partner and top oil buyer, so the trajectory of Chinese foreign trade feeds directly into demand for Iranian goods and export routes.

خبرگزاری شینهوا (Xinhua) · Jul 14, 2026

South Korea's KOSPI rebounds on Tuesday after 'Black Monday,' up over 2% in morning trade

South Korea's KOSPI index rebounded on Tuesday, July 14, 2026, after plunging 8.95% the previous day in a session dubbed 'Black Monday.' The index opened at 6,769 (down 0.56%) but quickly recovered, trading at 6,952 by 10:01 a.m. Seoul time, a gain of 2.14%. Buying by institutional investors, which reached about 1.62 trillion won by then, drove the advance, with the semiconductor sector leading the recovery. Samsung Electronics rose 5.89% and SK Hynix gained 4.5%. The bounce after the near 9% drop was seen largely as bargain hunting, against a backdrop of worries over an escalating US-Iran conflict and fears of a peak in memory-chip prices.

The Asia Business Daily · Jul 14, 2026

War-risk insurance for ships in the Strait of Hormuz jumps to around 5% of vessel value

War-risk insurance costs for ships transiting the Strait of Hormuz have surged as the US-Iran conflict escalates. According to insurance-industry reports in the days leading up to July 14, 2026, war-risk rates for vessels operating inside the Gulf have risen to roughly 3% of a vessel's value, up from about 2% late last week, while hull war-risk premiums for a Hormuz transit have climbed to around 5% of vessel value, emerging as the market's new norm. The US Navy-led Joint Maritime Information Center (JMIC) raised its advisory for transiting Hormuz to the highest 'severe' level. War-risk cover is typically sold on a seven-day basis and repriced every 24 to 48 hours, so even small shifts at these levels add hundreds of thousands of dollars in daily costs for large tankers. Some insurers have advised owners to pause voyages, and ship traffic has declined.

Business Insurance · Jul 14, 2026

Brent rises 2% to $85 on Tuesday as US-Iran strikes enter a third night and Hormuz traffic falls

Crude oil rose further on Tuesday, July 14, 2026, as tensions between the United States and Iran escalated. Brent gained about 2% to $85 a barrel and West Texas Intermediate (WTI) rose 2.3% to $80, extending Monday's near 9% jump, which was Brent's biggest single-day gain since 2020. US forces struck Iranian military targets, coastal air-defense systems and missile and drone capabilities for a third consecutive night in a roughly five-hour mission. Ship-tracking data showed confirmed crossings of the Strait of Hormuz fell about 52% week on week over July 10 to 12 as vessels shifted to more defensive routing. The strait carries roughly one fifth of the world's oil and gas trade, so disruptions feed directly into global prices and inflation expectations.

CNBC · Jul 14, 2026

Fed Chair Kevin Warsh begins his first congressional testimony today; markets put the odds of a September rate hike near 70 percent

US Federal Reserve Chair Kevin Warsh delivers his first congressional testimony since taking office today, Tuesday, July 14, 2026, first before the House Financial Services Committee and on Wednesday before the Senate Banking Committee. Questions will center on inflation, oil prices, tariffs and the interest-rate path. Markets now price the odds of a first Fed rate hike by September at about 70 percent, while Warsh has so far declined to give an explicit signal, saying only that inflation is "too high." His tone could move the strength of the dollar and the gold price, and in turn Iran's gold and currency markets.

TheStreet · Jul 14, 2026

US earnings season opens with big banks; JPMorgan, Goldman Sachs and Citi report second-quarter results today

The second-quarter 2026 US corporate earnings season opens today, Tuesday, July 14, 2026, with results from major banks. JPMorgan, Goldman Sachs, Bank of America, Citigroup and Wells Fargo report their second-quarter figures before the market open. Analysts are focused on net interest margin (NIM), the metric that determines bank profitability while the Federal Reserve's rate path stays uncertain. Options markets are pricing moves of about 4.4 to 6 percent in these stocks on results day. Together with the June inflation data, the reports serve as an important barometer of risk sentiment across global markets.

Yahoo Finance · Jul 14, 2026

US June inflation data is released today, Tuesday; forecasts point to the annual rate easing to about 3.8 percent

The US Bureau of Labor Statistics releases the June Consumer Price Index (CPI) today, Tuesday, July 14, 2026, at 8:30 a.m. Eastern time (about 17:00 Tehran time). Surveys expect the headline annual inflation rate to ease from 4.2 percent in the May reading to about 3.8 percent, with monthly inflation at around minus 0.1 percent, driven mainly by a drop in gasoline prices. Core inflation (excluding food and energy) is forecast at about 2.9 percent. The recent jump in oil prices amid US-Iran tensions has raised the risk of inflation staying higher for longer. The reading is pivotal for the Federal Reserve's interest-rate path and, through the strength of the dollar and the global gold price, feeds into Iran's gold and currency markets.

The Motley Fool · Jul 14, 2026

UAE Defense Ministry: two of its tankers hit by missiles in Strait of Hormuz, one crew member killed

The Ministry of Defense of the United Arab Emirates said on Monday, July 13, 2026 that two of its national tankers, the Mombasa and Al Bahiyah, were struck by two Iranian cruise missiles while transiting the southern lane of the Strait of Hormuz in Omani territorial waters. According to the statement, one crew member (an Indian national) was killed and several others were wounded, while both vessels were damaged and caught fire before the blazes were brought under control. The UAE condemned the attack and said it reserves its full right to respond to the escalation. Iran had not commented on the attack by the time of publication. The incident is part of the wider Strait of Hormuz crisis, a waterway that carries roughly one-fifth of global oil trade, where any disruption feeds directly into world oil prices and regional exports.

CNN · Jul 14, 2026

TSMC posts record second-quarter revenue, up 36%; June sales surge 68%

Taiwan Semiconductor Manufacturing Co. (TSMC), the world's largest contract chipmaker, reported on Monday, July 13, 2026, that second-quarter revenue (April to June) rose 36% year-on-year to a record NT$1.27 trillion (about $39.63 billion). The figure came in slightly above analysts' NT$1.264 trillion estimate and near the top of the company's own guidance of $39 billion to $40.2 billion. Demand for AI chips drove the growth. June revenue alone jumped 67.9% to NT$442.68 billion, and first-half 2026 sales reached NT$2.40 trillion, up 35.6% from a year earlier. TSMC will release its full second-quarter results, including net profit and margins, at its earnings conference on Thursday, July 16. As the main manufacturer of Nvidia's and Apple's chips, its performance is treated as a barometer of global technology demand.

Euronews · Jul 14, 2026

South Korea's Kospi crashes 8.95% in a 'Black Monday'; Seoul trading halted

South Korea's Kospi closed down 8.95% at 6,806.93 on Monday, July 13, 2026, a plunge local media dubbed a "Black Monday." After the index's loss widened past 8% at 1:28 p.m. local time, the Korea Exchange triggered a circuit breaker that halted trading for 20 minutes, the seventh such halt on the Kospi this year. Chipmakers led the rout. SK Hynix tumbled 15.37% to about 1.85 million won, its biggest one-day drop on record, surpassing the 14.93% fall during the 2008 financial crisis. Samsung Electronics fell 10.70% to close at 254,500 won. Analysts cited three drivers: fears that the semiconductor upcycle has peaked, profit-taking after SK Hynix's U.S. ADR listing on July 10, and the escalating U.S. and Iran conflict in West Asia, which lifted oil and stoked global risk-off sentiment. The chip selloff spread to Wall Street, where Nvidia, Broadcom and Micron each fell roughly 3% to 4%.

Korea JoongAng Daily · Jul 14, 2026

All three main Wall Street indexes closed lower Monday; Nasdaq fell 1.5% under chip-stock pressure

US stocks closed lower on Monday, July 13, 2026, with all three main indexes finishing in the red. The Nasdaq Composite fell 1.55% to 25,873, the S&P 500 lost 0.79% to 7,515, and the Dow Jones Industrial Average dropped 138 points (0.26%) to 52,498. The declines followed the US administration's move to reinstate a blockade on Iranian shipping through the Strait of Hormuz, which sent US crude prices up about 8.5% and revived fears of inflationary pressure and a delayed rate cut. The heaviest pressure fell on semiconductors: SK Hynix shares dropped about 8%, Micron about 5%, AMD about 4%, and Intel about 7%. The intensifying US-Iran military standoff and rising energy prices have sharpened risk-off sentiment across global markets, feeding through to gold and to Iran's asset markets via the oil price and interest-rate expectations.

Yahoo Finance · Jul 13, 2026

Cars

Domestic car prices fell on Monday as Tara and Dena Plus dropped despite the dollar's jump

Iran's domestic car market was mostly lower on Monday, 13 July 2026 (22 Tir 1405), even as the free-market dollar traded above 180,000 toman. The Tara Automatic V4 fell 65 million toman from the previous day to about 2.645 billion toman, and the Dena Plus Automatic dropped 54 million toman to about 2.65 billion toman. The declines came on a day when parallel markets such as gold and foreign currency swung on geopolitical tensions. The car market's divergence from the rising dollar points to weak demand and eroding consumer purchasing power. Market participants say a slump in transactions and low household buying power have muted the effect of currency swings on car prices.

روزنامه تعادل · Jul 13, 2026

Bitcoin falls to around $62,000 as crypto joins Monday's risk-off selloff

Bitcoin dropped below $63,000 on Monday, July 13, 2026, sliding to around $62,000, a decline of nearly 3% over 24 hours. The world's largest cryptocurrency, which had held up near $63,800 earlier in the day despite the escalating US-Iran conflict, lost that resilience in evening trade and joined a broad risk-off selloff alongside falling equities and precious metals. Traders attributed the drop to a mix of geopolitical tension and concern over US consumer inflation data due Tuesday, along with expectations that the Federal Reserve will keep interest rates elevated. The total crypto market capitalization also fell about 3%.

Crypto Times · Jul 13, 2026

Global gold falls for a second straight day; silver drops more than 4%

The global spot gold price fell for a second straight day on Monday, July 13, 2026, dropping more than 2% to around $4,020 an ounce. The decline deepened in later trade, with the metal sliding to about $3,990 (down more than 3% from the previous day). Silver fell alongside gold, losing more than 4% to below $58 an ounce. Escalating US-Iran military tensions and rising inflation concerns, together with a stronger dollar and higher odds of a September Federal Reserve rate hike (markets now price the chance near 70%), have intensified selling pressure on the non-yielding precious metals. In Iran's domestic market, despite the drop in the global ounce, 18-carat gold held near 17,682,000 tomans per gram, little changed, supported by the weaker rial.

Yahoo Finance · Jul 13, 2026

Iron & steel

Summer power cuts to industry take hold; steel and cement squeezed by energy shortfall

With the summer 1405 peak-demand season under way, electricity restrictions on industry have been reimposed. According to the Taadol newspaper, producers say the industrial power cut has been eased from two days a week to one. Iran's cement industry association has warned that output could be halted by the cuts, while steel units are also facing severe energy limitations. The electricity and gas imbalance has become one of the main obstacles to production in Iran's energy-intensive industries in recent years, especially steel and cement, resulting in lower output, reduced corporate revenue, and a decline in exports and foreign-exchange earnings.

روزنامه تعادل · Jul 13, 2026

Free-market dollar moves above 180,000 tomans, up about half a percent on Monday

On Monday, 13 July 2026, the free-market US dollar rose about 0.49 percent, from 179,600 to roughly 180,500 tomans, moving above the psychological 180,000-toman mark. Tether traded near 179,800 tomans the same day. On Sahmino's price board, the dollar stood near 180,985 tomans on Monday evening. Market participants say a durable hold above 180,000 could open the way toward 182,000 to 185,000 tomans. Rapid liquidity growth, high inflation, and the gap between the official Exchange Center rate and the free-market rate, alongside the Strait of Hormuz tensions, are cited as factors supporting the currency's rise.

اکو ایران · Jul 13, 2026

General

Iran's spring 1405 non-oil exports reach $11.7 billion, down 14.4% in value from a year earlier

According to Faroud Asgari, deputy economy minister and head of Iran's Customs Administration (IRICA), the value of the country's non-oil exports in the first quarter of the year 1405 (21 March to 21 June 2026) reached about 11.655 billion dollars. The volume stood at 34.476 million tons, a 9.3 percent drop in weight and a 14.4 percent decline in value compared with the same period last year. The average customs value per ton of exported goods was 338 dollars, down 5.6 percent year-on-year. Petrochemical exports over the period totaled 11.133 million tons worth 4.684 billion dollars, a 24.5 percent decline in value. Liquefied propane at 874 million dollars, liquefied butane at 611 million, methanol at 576 million, petroleum bitumen at 574 million, and natural gas at 456 million led the non-oil export basket.

Tehran Times (IRICA) · Jul 13, 2026

Iranian oil piles up at sea as China's independent refiners turn to regional rivals

According to Reuters, the volume of Iranian oil sitting at sea has risen after Tehran boosted exports during the interim ceasefire, but sales have slowed as China's independent teapot refiners shifted to cheaper crude from Iraq, the UAE and Qatar. China's imports of Iranian oil fell this month to about 556,000 barrels per day, the lowest since January 2023. Vortexa estimates roughly 30 million barrels of Iranian oil were loaded between 15 June and 6 July, equivalent to about 1.35 million barrels per day. Non-Iranian cargoes were offered at discounts of 5 to 8 dollars a barrel to Brent for August and September delivery, while Iranian Light's discount held around 2 to 3 dollars. Traffic through the Strait of Hormuz slowed again this week amid the exchange of US-Iran strikes.

Arab News (Reuters) · Jul 13, 2026

StocksPersian Gulf

Qatar's Father Emir Sheikh Hamad bin Khalifa Al Thani dies; Qatar Stock Exchange shut until 19 July

Sheikh Hamad bin Khalifa Al Thani, Qatar's former ruler and Father Emir, who governed the country from 1995 to 2013, died on Sunday, 12 July 2026, at the age of 74. Qatar's Amiri Diwan declared a four-day period of national mourning, and the Qatar Stock Exchange suspended trading from Monday, 13 July, saying it would resume on Sunday, 19 July. The closure coincides with a slide in Persian Gulf bourses amid intensifying US-Iran tensions. Sheikh Hamad is remembered as a principal architect of Qatar's economic development and its rise into one of the world's wealthiest nations.

Al Jazeera · Jul 13, 2026

Markets lift odds of a September Fed rate hike to about 62%

According to CME's FedWatch tool, as of Monday, 13 July 2026, the probability of a Federal Reserve rate hike at the September meeting had risen to about 62 percent. The chance of rates reaching the 3.75 to 4.0 percent range at that meeting climbed to 50.5 percent, up from 33.5 percent a month earlier, while the odds of no change fell to 37.8 percent from 61.7 percent. The jump in oil prices amid the Strait of Hormuz tensions, and the resulting inflation concerns, are cited as the main driver of the shift. A US rate hike typically strengthens the dollar and can weigh on global gold prices, two variables that matter directly for Iran's markets.

Yahoo Finance · Jul 13, 2026

Trump reinstates naval blockade of Iranian ships in Strait of Hormuz; 20% charge on other cargoes

On Monday, 13 July 2026, Donald Trump said the United States is reinstating its naval blockade of Iranian ships in the Strait of Hormuz, weeks after last month's ceasefire memorandum between Washington and Tehran collapsed. Trump also demanded a 20 percent reimbursement on the value of all other cargo passing through the waterway. Under the plan, Iranian ships and buyers of Iranian oil would be barred from entering or leaving, while other countries would retain free use of the strait. Lifting the blockade had been part of last month's war-ending agreement, which has now stalled largely over control of the Strait of Hormuz. Amid the tensions, Brent crude rose more than 3 percent on Monday, moving past 78 dollars a barrel.

Forbes · Jul 13, 2026

Bitcoin ETFs snap a 10-day outflow streak with $221 million of inflows as ether and XRP fall

US spot bitcoin exchange-traded funds ended a 10-day run of outflows on Friday, drawing about 221.7 million dollars in net inflows, their largest single-day haul in two months. The figure, covering the last US trading session before the weekend, is read as a partial return of institutional demand, even as the broader crypto market opened the week under the shadow of renewed US-Iran tensions. In Monday trading on 13 July 2026, ether fell about 2.9 percent over 24 hours to near 1,736 dollars and XRP dropped about 2.9 percent to near 1.09 dollars. Bitcoin proved more resilient to the selling pressure, hovering in the area near 63,000 dollars.

CoinDesk · Jul 13, 2026

Wall Street splits Monday: Dow edges higher while Nasdaq falls under chip-stock pressure

US stocks split in Monday trading on 13 July 2026. The Dow Jones rose about 0.1 percent, while the S&P 500 fell close to 0.3 percent and the Nasdaq dropped roughly 0.7 percent. A jump in oil prices, driven by a fresh exchange of US and Iranian strikes over the Strait of Hormuz, lifted energy shares such as ExxonMobil, ConocoPhillips and Chevron by about 1 percent, while chip and memory makers including Micron, Western Digital and SanDisk fell by nearly 5 percent, weighing most heavily on the Nasdaq. In the same session, Brent crude rose about 3.4 percent to near 77.7 dollars a barrel and West Texas Intermediate gained roughly 3.5 percent to near 72.9 dollars. US investors were also awaiting June consumer inflation data and the start of the big banks' earnings season in the days ahead.

خبرگزاری آسوشیتدپرس (AP) · Jul 13, 2026

Bitcoin stays muted against the war, near $63,400 while gold and oil swing

Bitcoin traded near $63,400 on Monday, July 13, 2026, down about 1 percent, while Ethereum sat around $1,807. Unlike gold, oil, equities and bonds, which swung sharply after a fourth round of US strikes on Iran, the crypto market held in a narrow range. According to CoinDesk, Bitcoin's muted reaction to the war headlines marks a shift in the asset's behaviour; per the analysis, Bitcoin now moves more with dollar liquidity and the technology-equity cycle than with West Asia military tensions. The point matters for Iranian tether and crypto traders, as it shows the global market's swings on tense days do not necessarily follow war news.

CoinDesk · Jul 13, 2026

IEA: return of oil flows through the Strait of Hormuz lifted global supply by 4.1 million barrels a day in June

In its monthly Oil Market Report published this week, the International Energy Agency (IEA) said global oil supply jumped by 4.1 million barrels a day in June to 98.8 million barrels a day, driven mainly by the resumption of oil flows through the Strait of Hormuz after the interim US-Iran ceasefire. Even so, world output remains about 9.4 million barrels a day below pre-war levels. According to the report, total Persian Gulf oil exports rose by 6.5 million barrels a day in June to 16.1 million barrels a day, still far below the pre-war average of about 24 million barrels a day. The agency warned that the escalation in fighting on July 7 and 8 clouds the outlook and could upend its forecast of the market flipping to a surplus in 2027. Global oil demand is projected to fall by about 1 million barrels a day across 2026 and to rise by about 2 million barrels a day in 2027.

International Energy Agency · Jul 13, 2026

Tankers cross the Strait of Hormuz in secret; only 6 ships passed on Sunday with transponders off

According to preliminary data from ship-tracking firm Kpler, published by Bloomberg, only 6 vessels transited the Strait of Hormuz on Sunday, July 12, 2026, the lowest number in five weeks and far below the normal daily average of 18 to 22 ships. All six crossed with their position transponders switched off, in so-called dark crossings, and over the past three days hidden passages have outnumbered observable ones. Among the ships that exited the strait were a very large crude carrier named Humanity, reported to be carrying about 2 million barrels of Iranian oil, and another tanker, Capetan Andreas, with about 500,000 barrels of Kuwaiti oil products. The figures come as Washington and Tehran dispute whether the Strait of Hormuz is open or closed; the sharp drop in observable traffic shows commercial shipping is moving cautiously and covertly through this vital waterway.

Bloomberg · Jul 13, 2026

Supertanker rates from the Persian Gulf hit records; daily earnings top 400,000 dollars

Rates for very large crude carriers (VLCCs) on the Persian Gulf to East Asia route hit their highest levels on record this week. According to shipping-market reports, daily earnings on the Persian Gulf to China route topped 400,000 dollars, peaking at about 424,000 dollars a day; for some cargoes transiting the Strait of Hormuz, daily earnings were reported near 470,000 dollars. The surge is driven by the Strait of Hormuz crisis and the withdrawal of war-risk insurers, which has upended the economics of moving crude. The jump raises the cost of delivering Persian Gulf oil to Asian markets and feeds into the final price of imported oil for consuming countries.

OilPrice · Jul 13, 2026

CommodityEurope

European natural gas jumps on Hormuz crisis; Dutch contract tops 50 euros

Natural gas prices in Europe rose on Monday, 13 July 2026, as the Strait of Hormuz crisis intensified. The Dutch TTF front-month contract, Europe's main benchmark, gained about 3.5 percent to roughly 50.4 euros per megawatt-hour, again crossing the 50-euro mark. The move was driven by Iran's declaration that the Strait of Hormuz was closed and Qatar's halt to maritime activity after attacks on tankers. Hormuz carries about one-fifth of the world's liquefied natural gas (LNG) trade, including the bulk of Qatar's exports. Goldman Sachs analysts have estimated that a full disruption could push European gas prices up by around 130 percent. The development matters for Iran's economy through the energy market and global oil prices.

Anadolu Agency · Jul 13, 2026

Crypto

Tether nears 180,000 toman in Iran's market, tracking the free-market dollar

The price of Tether (USDT) in Iran's domestic market reached about 180,100 toman on Monday, 13 July 2026, sitting close to the free-market dollar, which had neared the 180,000 toman mark the same day. Tether is the most widely used stablecoin and the main on-ramp for Iranians into the global crypto market, and its toman rate typically tracks the floor of the domestic dollar price. The rise comes as regional military tensions and the U.S. revocation of Iran's temporary oil-sale authorization add pressure to the domestic currency market. Tether's global price held near one dollar as usual, so the change in its toman rate reflects the move in the domestic FX market rather than any swing in the token itself.

روزنامه تعادل · Jul 13, 2026

Global platinum nears lowest since November 2025; palladium also falls

On Monday, July 13, 2026, global platinum fell about 0.5% to around $1,621 an ounce, near its lowest level since November 2025. Platinum futures traded near $1,630. Palladium held above $1,240 an ounce, close to its lowest level since early October. The pressure on both metals was part of a broad weakening across precious metals that day, driven by a jump in oil prices amid US-Iran tensions and a firmer dollar.

Trading Economics · Jul 13, 2026

China stocks hit one-month low; Shanghai index closes below 4,000

China's stock market fell on Monday, July 13, 2026, to a one-month low. The Shanghai Composite dropped about 0.7% to around 3,968 points, slipping below the psychological 4,000 mark. The Shenzhen Component fell about 1.6% to around 14,808 points. Traders reacted to renewed tensions between the United States and Iran and worries about the Persian Gulf region, with a fresh round of US strikes on Iran over the weekend raising investor caution. As the largest buyer of Iranian crude, China influences Iran's markets through the channels of energy prices and the yuan.

Trading Economics · Jul 13, 2026

Global silver drops below $59, down about 1.7% on Monday

Global silver fell below the $59 an ounce mark on Monday, July 13, 2026. Spot silver traded in a range of roughly $58.5 to $59 an ounce, down about 1.7% from the previous day. The decline was part of a broader weakening across precious metals that day. A jump in oil prices following the escalation of military tensions between the United States and Iran fuelled worries about inflation and the prospect of interest rates staying higher for longer which, along with a firmer dollar, pressured both gold and silver. Silver also matters for the Iranian market: subscription to the country's first silver investment fund, trading under the symbol Neqrat, opened on the same day, Monday, July 13.

Fortune · Jul 13, 2026

Gold-bar auction at the Exchange Center to be held Tuesday, July 14; margin-deposit deadline is tonight

The 50th gold-bar auction at Iran's Currency and Gold Exchange Center will be held on Tuesday, July 14, 2026 (23 Tir), from 2 p.m. to 5 p.m. According to published reports, applicants must deposit a margin of 50 billion rials (5 billion tomans) per bar by midnight on Monday, July 13 (22 Tir), and each applicant may buy at most 25 bars per week. The base price is announced by the seller on auction day, and deals are settled in person and in cash. The auction comes as domestic gold prices have moved into the 17.6 million tomans channel.

جام‌جم آنلاین · Jul 13, 2026

Stocks

33 listed issuers paid dividends to 3.16 million shareholders through the Sejam system last week

According to Iran's Central Securities Depository (CSDI), 33 listed issuers paid a combined roughly 3,714 billion tomans in current, prior-year, and preemptive-right dividends to 3.16 million shareholders through the Sejam customer-information system last week. The CSDI also said that more than 21,000 billion tomans in dividends were paid to shareholders through Sejam in the first quarter of the 1405 year (spring 2026). Sejam is the official channel for paying dividends directly to identity-verified shareholders, and benefiting from it requires registering and completing one's banking details in the system.

خبرگزاری دانشجو · Jul 13, 2026

Subscription for the "Naqrat" silver fund opens Monday, July 13; minimum entry 100,000 tomans

Subscription for the exchange-traded silver fund "Naqrat" (from the Agah group) opened on Monday, July 13, 2026 (22 Tir) and runs through Wednesday, July 15 (24 Tir). Investors can take part through the trading platforms of all brokerages with a minimum of 100,000 tomans. The fund invests at least 70 percent of its assets in silver bullion deposit certificates and is the latest in a wave of silver funds launched on the Iran Mercantile Exchange; the "Plata" fund was subscribed earlier on Saturday, July 11 (20 Tir). Demand for these funds is building as global silver prices swung, trading around $59 an ounce on Monday, July 13.

روزنامه دنیای اقتصاد · Jul 13, 2026

Europe

European stocks fall on Monday as oil jumps; energy shares rise

European stock indexes fell on Monday, July 13, 2026, following the renewed exchange of strikes between the United States and Iran and the rise in oil prices. The pan European STOXX 600 was down about 0.2 percent in early London trading, with construction and travel and leisure shares among the biggest decliners. Energy shares, by contrast, led gains as oil prices surged. Brent crude rose about 3.7 percent to around $79 a barrel in the session. Concern over disruption to oil and gas flows through the Strait of Hormuz was the main driver of the jump in energy prices and of investor caution.

Bloomberg · Jul 13, 2026

US stock futures fall on Monday as oil jumps and Iran tensions rise; Nasdaq futures down 1.1 percent

US stock index futures were lower on Monday, July 13, 2026, in reaction to the exchange of strikes between the United States and Iran and the jump in oil prices. Nasdaq 100 futures fell about 1.07 percent and S&P 500 futures lost about 0.31 percent, while Dow Jones futures were little changed. Semiconductor shares were under pressure, with SK Hynix down about 10 percent in premarket trade. Brent crude rose about 2.8 percent to around $78 a barrel in the same session. Investors are also awaiting US June consumer price data and the start of big bank earnings on Tuesday.

CNBC · Jul 13, 2026

Persian Gulf bourses fall on Monday as tensions escalate; Dubai index down 1.4 percent

Stock markets in the Persian Gulf states were mostly lower on Monday, July 13, 2026, amid the exchange of strikes between the United States and Iran and concern over disruption to the Strait of Hormuz. Dubai's main index fell 1.4 percent, dragged by a 2.6 percent slide in Emirates NBD, the emirate's largest bank, and a 1.4 percent drop in developer Emaar Properties. Abu Dhabi's index fell 0.5 percent and Saudi Arabia's benchmark lost 0.2 percent, with oil major Saudi Aramco down 0.5 percent. The declines came as Brent crude jumped more than 4 percent to around $79 a barrel. The Strait of Hormuz, through which about a fifth of the world's oil and liquefied natural gas trade passes, is at the center of the tensions.

The National · Jul 13, 2026

Tehran Stock Exchange index falls for a third straight session, slipping below 5 million points

The Tehran Stock Exchange's main index (TEDPIX) fell for a third straight trading session on Monday, July 13, 2026, dropping about 89,000 points (1.79 percent) to around 4,967,000 and slipping below the psychological 5 million point level. The equal weighted index fell 0.88 percent and the Iran Farabourse index lost 1.43 percent. The decline extended losses from Saturday and Sunday; on Sunday, July 12, the main index had shed about 126,000 points to roughly 5,050,000. Market participants cite the escalation of regional military tensions and uncertainty over the status of the Strait of Hormuz as the main drivers of selling pressure and the outflow of retail money from equities.

ره‌آورد ۳۶۵ · Jul 13, 2026

Global

US and Iran trade fresh strikes on Monday; dispute over Strait of Hormuz status persists as Brent nears $79

The United States and Iran traded fresh strikes in the early hours of Monday, July 13, 2026, and oil prices jumped on fears of a prolonged disruption to the Strait of Hormuz. Brent crude rose about 4 percent in early Monday trading to around $79 a barrel, while US West Texas Intermediate gained close to 2.7 percent to about $73. US Central Command (CENTCOM) said its latest wave of strikes hit dozens of targets in Iran and used one way attack sea drones for the first time. Iranian state media reported retaliatory attacks on US linked facilities in Kuwait, Bahrain and Jordan. Iran declared that passage through the Strait of Hormuz was "not possible," while US President Donald Trump said the waterway remained open to commercial traffic. The renewed exchange casts further doubt over the interim 60 day agreement signed last month to end the war. About a fifth of the world's oil and liquefied natural gas passes through the strait.

CNBC · Jul 13, 2026

Steel leads Iran Mercantile Exchange trade; steel ingot turnover tops 13 trillion tomans

According to Iran Mercantile Exchange trading data for the 6 to 19 Tir 1405 period, steel ingot, rebar and copper were the three products with the highest transaction value in the physical market, while cement, steel ingot and iron ore concentrate led by traded volume. Steel ingot turnover reached about 13,908 billion tomans in the period, making it the most valuable product in the exchange's physical market.

روزنامه تعادل · Jul 13, 2026

CurrencyEast Asia & Pacific

US 10-year Treasury yield at 4.56 percent as the Fed drops its easing bias

The US 10-year Treasury yield closed at 4.56 percent on Friday, 10 July. Minutes of the Fed's June meeting, released on 8 July, showed officials holding the target range at 3.50 to 3.75 percent and dropping their easing-bias language, with inflation risks still tilted to the upside. Markets now turn to the 14 July consumer inflation report and the 28 to 29 July meeting. US interest rates and the dollar influence Iran's gold and currency markets.

Advisor Perspectives · Jul 13, 2026

StocksLatin America

Brazil's Ibovespa jumps 2.97 percent to its highest since mid-May

Brazil's Ibovespa jumped 2.97 percent to 177,866 points on Friday, 10 July, its best session in weeks and highest level since 14 May. Softer-than-expected June inflation data revived expectations of another interest-rate cut at the central bank's 4 to 5 August meeting; banks and retailers led the advance. The Brazilian real was little changed at 5.11 per dollar.

The Rio Times · Jul 13, 2026

CurrencyRussia

Russia's key rate stands at 14.25 percent ahead of a 24 July decision

Russia's central bank key rate stands at 14.25 percent after a 25 basis point cut on 19 June 2026. The board's next rate-setting meeting is scheduled for 24 July. Russia's annual inflation was about 5.6 percent as of 15 June, above the central bank's 4 percent target. Russia is a trade and energy partner of Iran.

The Moscow Times · Jul 13, 2026

Bank of Japan's rate stays at a three-decade high as business sentiment improves

The Bank of Japan's policy rate stands at 1 percent following a hike in June 2026, the highest since 1995. According to the quarterly "tankan" survey released on 1 July, the business-conditions index for large manufacturers improved for a fifth straight quarter, rising to 22 from 17. Even so, the yen remains under selling pressure, near a multi-decade low against the dollar.

The Washington Post · Jul 13, 2026

StocksGlobal

Tesla delivers 480,000 vehicles in Q2 but BYD keeps the EV crown

Tesla said in a release on 2 July that it delivered about 480,126 vehicles in the second quarter of 2026, up 25 percent from a year earlier and ahead of market expectations. Even so, China's BYD retained its position as the world's largest seller of fully electric vehicles, with 557,090 battery-electric sales over the same period; BYD's lead was roughly 77,000 vehicles.

Mitrade · Jul 13, 2026

Levi Strauss beats on second-quarter profit; sales up 8 percent

Levi Strauss on Wednesday, 8 July reported adjusted earnings of 28 cents per share for the second quarter of 2026, above the 24-cent analyst consensus. Sales rose 8 percent year over year to 1.56 billion dollars, ahead of the 1.52 billion dollars analysts had expected. The company's shares fell in after-hours trading following the release.

Yahoo Finance · Jul 13, 2026

PepsiCo posts 6.4 percent revenue growth in the second quarter

PepsiCo released its second-quarter 2026 results on Thursday, 9 July, with net revenue up 6.4 percent and organic revenue up 2.4 percent. Reported earnings per share rose 137 percent (helped by one-off factors), while core earnings per share increased 4 percent. PepsiCo is one of the world's largest food and beverage companies.

PepsiCo (SEC Form 8-K) · Jul 13, 2026

Samsung guides to a record quarterly operating profit of about 89.4 trillion won on AI memory demand

Samsung Electronics on Tuesday, 7 July guided to about 89.4 trillion won in operating profit and roughly 171 trillion won in sales for the second quarter of 2026 in its preliminary release. That would be the company's largest quarterly profit ever, nearly 19 times the 4.68 trillion won it earned a year earlier. Strong demand for high-bandwidth memory (HBM) and DRAM used in AI was the main driver. Even so, Samsung shares fell as much as 6.9 percent in Seoul. Full results are due on 30 July.

CNBC · Jul 13, 2026

Delta Air Lines beats on quarterly profit and reaffirms its full-year outlook

Delta Air Lines on Friday, 10 July reported second-quarter 2026 adjusted earnings of 1.56 dollars per share on adjusted revenue of 17.7 billion dollars, topping the 1.48 dollar analyst estimate. Despite the highest quarterly fuel bill in its history (an average of 3.93 dollars per gallon, up 75 percent from a year earlier), Delta reaffirmed full-year adjusted earnings guidance of 6.50 to 7.50 dollars. Delta traditionally kicks off the US corporate earnings season.

Quartz · Jul 13, 2026

Ethereum ETFs draw 84 million dollars, their best week since April

Spot Ethereum ETFs recorded about 84 million dollars in net inflows in the week ending 11 July, their best week since April and the end of an eight-week outflow streak. Ether climbed past the 1,700 dollar area on the back of the inflows. Over the same week, XRP funds saw about 7 million dollars in outflows, signaling a rotation of institutional capital toward Ethereum.

crypto.news · Jul 13, 2026

Copper slips toward a two-week low

Copper fell to about 6 dollars per pound (near 13,100 dollars a tonne) on Friday, 10 July, its lowest in two weeks. A stronger dollar and concern over demand in China, the world's largest copper consumer at more than half of global usage, drove the decline. Copper is a base metal that influences the steel and construction industries.

Trading Economics · Jul 13, 2026

Soybeans rise 1.5 percent to about 11.97 dollars a bushel in Chicago

Soybean futures rose 1.5 percent to about 11.97 dollars per bushel on the Chicago Board of Trade on Friday, 10 July. December-delivery corn traded around 4.61 dollars a bushel. USDA crop reports, weather in the US Midwest growing regions and trade developments with China were cited as key drivers.

Trading Economics · Jul 13, 2026

US natural gas falls over 6 percent to a six-week low

US Henry Hub natural gas fell more than 6 percent to 3.01 dollars per million Btu on Thursday, 9 July, its lowest in six weeks. Freeport LNG said maintenance at its pre-treatment and liquefaction facilities would begin on 10 July and run through late August; the resulting drop in demand from the export plant weighed on prices.

Trading Economics · Jul 13, 2026

Cocoa drops over 6 percent to about 6,065 dollars a tonne

Cocoa fell 6.04 percent from the prior day to about 6,065 dollars per tonne on Saturday, 11 July. The market has seen sharp swings in recent months, driven by supply volatility in West African producing countries and shifting demand from processors.

Trading Economics · Jul 13, 2026

18-karat gold holds in the 17-million-toman channel; Emami coin near 178 million tomans

At the start of trading on Monday, 13 July 2026 (22 Tir 1405), a gram of 18-karat gold in Iran's domestic market changed hands at about 17,660,000 tomans, holding in the upper half of the 17-million-toman channel. Sahmino's data likewise recorded 18-karat gold near this level at Sunday's close on 21 Tir, up about 1 percent. The Emami coin stood near 178 million tomans and the Bahar Azadi coin around 173,700,000 tomans. Per Sahmino data, the premium (bubble) on the Emami coin has widened in recent days, reaching about 3,700,000 tomans by the evening of Sunday, 21 Tir. Global spot gold fluctuated between roughly 4,060 and 4,120 dollars an ounce on Monday as markets awaited the US June inflation report.

فرارو · Jul 13, 2026

Iran's central bank puts Khordad annual inflation at 57.7 percent and point-to-point at 83.1 percent

The Central Bank of Iran put twelve month annual inflation for the period ending in Khordad 1405 (June 2026) at 57.7 percent and point-to-point inflation (versus the same month a year earlier) at 83.1 percent. The urban consumer price index reached 716.6 in Khordad, up 7.4 percent from the prior month. In a separate report, the Statistical Center of Iran estimated point-to-point inflation at 88.6 percent and annual inflation at about 62 percent; the gap between the two bodies reflects differences in method and the goods basket.

خبرگزاری مهر · Jul 13, 2026

Free market dollar nears 180,000 tomans at Monday's open

At the start of trading on Monday, 13 July 2026 (22 Tir 1405), the US dollar in Tehran's free market was quoted around 179,600 tomans, close to the 180,000 toman mark. The figure follows a 1,400 toman rise on Sunday, 21 Tir, lifting the dollar's weekly gain to about 2.2 percent. According to Fararu, the free market dollar traded near 89,000 tomans a year earlier, meaning the current level is up roughly 102 percent year on year. Pressure on the currency market persists alongside the region's military tensions and instability around the Strait of Hormuz. Sahmino's own live data shows the dollar near the same level.

فرارو · Jul 13, 2026

Stocks

Maroun Petrochemical's annual net profit rises to about 21.6 trillion tomans, up roughly 52 percent

In its twelve month report for the 1404 fiscal year (ended March 2026), Maroun Petrochemical recognized about 21.6 trillion tomans in net profit. That is up roughly 52 percent from about 14.2 trillion tomans a year earlier; the business daily Donya-e-Eqtesad described the increase as above 50 percent. Stronger earnings at large petrochemical producers are among the factors shaping this year's dividend payouts at Tehran Stock Exchange general assemblies.

روزنامه دنیای اقتصاد · Jul 13, 2026

Arabica coffee retreats about 8 percent from a five-month high

Arabica coffee futures fell 3.92 percent to about 334.25 cents per pound on Friday, 10 July. The pullback followed a rally to a five-month high near 3.50 dollars on 6 July, bringing the total decline from that peak to roughly 8 percent. Profit-taking was cited as the main driver of the retreat.

Trading Economics · Jul 13, 2026

StocksEurope

European stocks rise Friday; Stoxx 600 gains 0.68 percent to 652.77

European equity markets ended a turbulent week higher on Friday, 10 July. The pan-European Stoxx 600 rose 0.68 percent to 652.77, London's FTSE 100 added 0.24 percent to 10,497 and France's CAC 40 closed 0.39 percent higher at 8,508. Germany's DAX bucked the trend, slipping 0.20 percent to 25,067.

Sharecast · Jul 13, 2026

StocksSouth Asia

India's Sensex climbs 712 points and the rupee firms; benchmark ends near 77,454

At Friday's close on 10 July, India's Sensex rose about 712 points (0.93 percent) to 77,454, while the Nifty 50 added 206 points (0.86 percent) to 24,169. The rupee firmed 12 paise to open at 95.26 per US dollar. Indian technology shares led the gains amid a global rally in chip stocks. India has historically been a major buyer of Iranian oil.

Kotak Neo · Jul 13, 2026

CommodityEast Asia & Pacific

Maritime Information Center keeps Strait of Hormuz threat at its highest 'severe' level, warns of mines and vessel stops

The US Navy-led Joint Maritime Information Center (JMIC) kept the Strait of Hormuz security threat at "severe," its highest category, in its latest advisory on Sunday, 12 July 2026, after earlier lifting it from the "substantial" level. It cited the likelihood of "deliberate hostile action" under current conditions. The advisory pointed to the IRGC Navy hailing and stopping merchant vessels, interference with navigation, and mine hazards near the strait's traffic separation scheme, and told mariners to expect radio contact from naval forces. The warning came even as CENTCOM and the same center had earlier stressed that the strait's southern route remained open to traffic despite Iran's declared "closure." The Strait of Hormuz carries about 20 percent of the world's oil and gas, so an elevated security risk keeps ships' war-risk premiums and the oil price risk premium high, a channel that feeds through global crude prices and inflation expectations into Iran's currency and gold markets.

gCaptain · Jul 13, 2026

China's crude oil imports fell in June to their lowest since October 2016, at about 6.4 million b/d

Based on preliminary estimates from tanker-tracking firms Kpler and Vortexa, China's seaborne crude oil imports averaged about 6.4 million barrels per day in June 2026, the lowest level since October 2016 and roughly 8% below May. May imports had been reported at about 7.8 million b/d (nearly 33 million tons), the lowest since October 2017. The world's largest oil importer has cut purchases by about 4 million b/d below usual levels since the Iran war began in late February. China has managed the shortfall by reducing refined-product exports, cutting refinery run rates, and drawing down its commercial crude stockpiles. The drop in Chinese import demand has been one of the factors helping keep global supply and demand balanced and oil prices below $100. Chinese customs data has confirmed the May figures, while the June figure remains preliminary.

OilPrice.com · Jul 13, 2026

OPEC cuts its 2026 global oil demand growth forecast for a second straight month to 970,000 b/d

In its July 2026 Monthly Oil Market Report, OPEC cut its forecast for 2026 global oil demand growth to about 970,000 barrels per day, down from a previous estimate of 1.17 million b/d and the second consecutive monthly downgrade. OPEC attributed part of the cut to a 60,000 b/d reduction in India's demand growth and a roughly 40,000 b/d fall in West Asia consumption. The report estimates that West Asia oil demand in March, the first month of the Iran war, was about 500,000 b/d lower than a year earlier. For 2027, however, OPEC is more optimistic, projecting demand growth of about 1.7 million b/d, an upward revision of roughly 0.2 million b/d from the previous month, driven mainly by China and India.

Argus Media · Jul 13, 2026

StocksPersian Gulf

Saudi Arabia's Tadawul index closes up a slight 0.1% at 10,819 on Sunday

Saudi Arabia's benchmark Tadawul All Share Index (TASI) closed up 10.55 points, or 0.1%, at 10,818.98 on Sunday, July 12. Total trading turnover reached SR2.2 billion (about $587 million), with 135 stocks advancing and 117 declining. The day's best performer was LIVA Insurance Co., which rose 9.93% to SR14.61, while Saudi Fisheries Co. posted the steepest drop, falling 4.76% to SR70. The Tadawul is the largest equity market in the Persian Gulf region, and its trend is one gauge of how the region's markets are weathering the current tensions.

Arab News · Jul 13, 2026

Wall Street eyes a data-heavy week; US June inflation and big-bank earnings land Tuesday

Wall Street traders head into a data-heavy week overshadowed by the return of US-Iran tensions and renewed energy-price gains. Monday, July 13, carried no major data or earnings and was expected to be quiet. The focus falls on Tuesday, July 14: the release of the US June Consumer Price Index (inflation) and the start of earnings season, with reports from big banks including JPMorgan Chase, Bank of America, Goldman Sachs, Wells Fargo and Citigroup. Federal Reserve Chair Kevin Warsh also testifies before Congress this week. The market's main worry is that with the US-Iran ceasefire over and energy prices rising again, inflationary pressure will persist. The US 10-year Treasury yield was little changed at 4.541% on Friday.

CNBC · Jul 13, 2026

Asian shares slip on Monday as oil jumps; Japan's Nikkei falls 1% and the dollar firms

Asian equity markets fell on Monday, July 13, as tensions in the Persian Gulf intensified and oil prices jumped. Japan's Nikkei 225 dropped 1%, after shedding 1.7% last week, while MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.2%. The US dollar and Treasury yields rose at the same time, with investors nudging up the odds of a Federal Reserve rate hike on fears that higher energy costs will revive inflation. The dollar added 0.1% against the yen to 161.96. Brent crude climbed 3.3% in early trade to $78.50 a barrel and West Texas Intermediate rose 3.4% to $73.83. Both costlier oil and a stronger dollar press directly on Iran's currency and gold markets.

Reuters · Jul 13, 2026

East Asia & Pacific

Japan's producer inflation rose at fastest pace since early 2023 in June on energy costs and a weaker yen

Japan's producer price index rose about 7% year on year in June 2026, the fastest pace since early 2023. The reading came in above the roughly 6.8% the market had expected and above the roughly 6.6% gain recorded in May. The Bank of Japan released the data on Friday, 10 July. The main driver was higher energy costs stemming from the Strait of Hormuz tensions, alongside a weaker yen, a combination that analysts say strengthens the case for further Bank of Japan rate increases. Asian equity markets also slipped on Monday, 13 July, as oil prices stayed elevated.

The Japan Times · Jul 13, 2026

GoldGlobal

Spot gold slips to about $4,081 on Monday as markets await US inflation data

Spot gold slipped nearly 1% to about $4,081 an ounce on Monday, July 13, 2026, down 0.96% from the previous day and a second straight session lower, even as oil prices jumped. Investors stayed cautious ahead of the US June consumer price index, due Tuesday, July 14, a reading that could shape the path of Federal Reserve interest rates and the value of the dollar. Spot gold is down about 5.3% over the past month but still up roughly 22% from a year ago. Gold and coin prices in Iran are set by both the global ounce and the rial exchange rate, which makes the direction of the global ounce a key driver of the domestic market.

Trading Economics · Jul 13, 2026

Brent crude jumps more than 3% past $78 on Monday as Strait of Hormuz tensions escalate

Brent crude jumped more than 3% past $78 a barrel on Monday, July 13, 2026, reaching about $78.8, a gain of nearly 3.7% from the previous day that snapped a two-day losing streak. The move was attributed to renewed escalation between Iran and the United States and an exchange of strikes around the Strait of Hormuz. About one-fifth of the world's traded oil passes through the Strait of Hormuz, and vessel-tracking data show large-ship traffic on the southern lane has effectively halted since the middle of last week. Despite Monday's jump, Brent is still down about 5.3% over the past month and up roughly 14% from a year ago. Swings in the global oil price reach Iran's markets through two channels: government oil revenue and exchange-rate expectations.

Trading Economics · Jul 13, 2026

Oman proposes two separate corridors for the Strait of Hormuz; Araghchi takes the plan to Tehran for a decision

Oman has proposed managing shipping through the Strait of Hormuz via two separately controlled routes. According to reports citing a source familiar with the talks, a Southern Corridor running through Omani territorial waters would allow free navigation under prewar conditions, while a Northern Corridor through Iranian waters would require prior approval from Tehran, though no tolls would be charged. The plan was presented on Saturday, 11 July 2026, during Iranian Foreign Minister Abbas Araghchi's visit to Muscat and his meeting with his Omani counterpart. Reports say the Iranian delegation did not approve the proposal and took it to Tehran for review; Oman said the two sides agreed to continue talks at the technical and political levels. The plan has not been finalized. The matter is significant for markets because the Strait of Hormuz carried about 20 percent of the world's oil and gas before the recent tensions. Iran has declared the strait closed, while the United States and the Joint Maritime Information Center say the route remains open. Any mechanism to restore safe passage would bear directly on oil prices and Iran's markets.

Fortune · Jul 13, 2026

CENTCOM: Strait of Hormuz open to all vessels and Iran does not control it; over 140 ships transited in seven days

US Central Command (CENTCOM) said on Sunday, 12 July 2026, in response to the IRGC Navy's declaration that the Strait of Hormuz was closed, that the international waterway is open to all vessels transiting it lawfully and that "Iran does not control the strait." CENTCOM added that US forces are positioned and prepared to ensure freedom of navigation and that traffic is flowing. According to the statement, more than 140 vessels passed through the Strait of Hormuz over the past seven days, and more than 800 ships carrying over 400 million barrels of crude oil transited the route over roughly the past two months. Earlier on Sunday the IRGC had declared the strait closed "until further notice" after what it called warning shots fired at a ship on an unauthorized route. The Strait of Hormuz carries about 20% of the world's oil and gas, so any tension there feeds directly into oil prices and Iran's markets.

U.S. Central Command (سنتکام) · Jul 12, 2026

Bitcoin holds little changed near $63,800 despite third round of US strikes on Iran

Bitcoin was little changed in trading on Sunday, 12 July 2026, holding near $63,800 despite the start of a third round of US military strikes on Iran and the IRGC's declaration that the Strait of Hormuz was closed. It was down about 0.3% over 24 hours and up about 2% on the week. Ether traded near $1,794, up about 2.9%, and XRP near $1.10, up about 1%. With oil, stock and bond markets shut for the weekend, crypto was one of the few markets pricing the escalation in real time. Analysts say investors no longer treat West Asia risk as a crypto-specific event but as a rates event: the main worry is that a jump in oil prices reignites inflation and keeps interest rates elevated. Tether's price inside Iran typically follows these global crypto levels.

CoinDesk · Jul 12, 2026

US-led maritime center: southern route of Strait of Hormuz stays open despite Iran's closure announcement

The U.S.-led Joint Maritime Information Center (JMIC) said on Sunday, July 12, 2026, that despite the Revolutionary Guards' announcement that the Strait of Hormuz was closed, the strait's southern route along the Omani coast remains open and has been expanded to handle two-way vessel traffic. The same advisory kept the maritime security threat level in the strait at "severe". U.S. Naval Forces Central Command (NAVCENT) said the Strait of Hormuz is an international waterway not subject to the control of any single nation, and that U.S. forces are prepared to preserve freedom of navigation. Under an earlier memorandum between Washington and Tehran, two transit corridors had emerged: a northern route controlled by Iran and a southern route along the Omani coast where the U.S. provides navigation support. Around 20 percent of the world's oil and gas passes through the Strait of Hormuz, so keeping it open matters for the region's energy exports and, through them, for Iran's currency and gold markets.

Xinhua · Jul 12, 2026

US revokes temporary waiver for Iranian oil sales; transactions must wind down by July 17

The US Treasury's Office of Foreign Assets Control (OFAC) on July 7, 2026 revoked Iran-related General License X (GL X) and issued General License X1 to wind down the previously authorized transactions. GL X, issued temporarily on June 22, had briefly authorized transactions involving Iranian-origin crude oil, petroleum products, and petrochemicals, one of Washington's rarest sanctions relaxations in decades. Under the new license, no new transactions involving the production, sale, delivery, or offloading of Iranian oil and petroleum products may occur on or after July 7, and all activity previously authorized must be wound down by 12:01 a.m. EDT on July 17. The move followed the renewed tensions and reciprocal strikes around the Strait of Hormuz, closing the brief legal channel for selling Iranian oil on the global market.

Foley & Lardner · Jul 12, 2026

Official dollar rate at Iran's Currency and Gold Exchange Center reaches 149,149 tomans on July 12; euro enters the 170,000 toman channel

The official selling rate of the US dollar at Iran's Currency and Gold Exchange Center rose 169 tomans to 149,149 tomans on Sunday, July 12, 2026. The same day, the euro selling rate jumped 841 tomans into the 170,000 toman channel, reaching 170,609 tomans, while the UAE dirham selling rate reached 40,612 tomans. The increase coincided with rising prices in the free market, where the open dollar has climbed above 179,000 tomans and 18 karat gold has neared 17,640,000 tomans. The gap between the official Exchange Center rate and the free market rate remains wide. The Currency and Gold Exchange Center is the government's official mechanism for supplying foreign currency to importers and designated economic sectors.

میل سخن · Jul 12, 2026

Iran fires missiles and drones at Persian Gulf states and Jordan; three missiles land in Jordan and three injured in Qatar

Early on Sunday, July 12, 2026, Iran launched a wave of simultaneous missile and drone attacks toward Persian Gulf states, including Qatar, the UAE, Bahrain and Kuwait, and claimed attacks on Jordan and Oman as well. The strikes came after a fresh round of US airstrikes on Iran and in response to Saturday night's attack on a container ship in the Strait of Hormuz. According to reports, three missiles fired from Iranian territory landed at several locations in Jordan early Sunday, causing no casualties according to Jordanian officials. In Qatar, the Interior Ministry said three people, including one child, were injured by falling shrapnel. Persian Gulf states activated their air defence systems. The escalation has raised regional risk and weighs on oil and currency markets.

Euronews (یورونیوز) · Jul 12, 2026

Qatar temporarily suspends maritime navigation and all marine activities amid Persian Gulf tensions

Qatar's Ministry of Transport on Sunday, July 12, 2026, announced a temporary suspension of maritime navigation and all marine activities as a precautionary measure to protect public safety. According to the notice, owners and users of all vessels, including leisure boats, fishing boats and jet skis, must refrain from sailing and marine activity until further notice. The suspension does not apply to vessels operating under international maritime conventions. The decision followed escalating tensions in the Persian Gulf region and the Strait of Hormuz, coinciding with reports of missiles and drones fired toward Persian Gulf states. The ministry urged the public to rely only on official channels for updates. The development matters for Iran's market because any disruption to Persian Gulf shipping affects the region's oil and goods export routes.

Xinhua (شینهوا) · Jul 12, 2026

Hormuz war-risk insurance jumps again; premiums near 5 percent of vessel value

With escalating tensions and attacks on three commercial vessels in recent days, war-risk insurance premiums for tankers and ships crossing the Strait of Hormuz jumped again, reaching about 5 percent of a vessel's value as the new market norm; earlier in the conflict the rate had briefly climbed to around 10 percent. At that level, a single transit for a tanker worth roughly 100 million dollars can cost millions of dollars in insurance, versus a fraction of one percent before the conflict began. The US Navy-led Joint Maritime Information Center raised its advisory for crossing the strait from "substantial" to "severe," the highest category. War-risk cover is typically sold on a seven-day basis and repriced every 24 to 48 hours. Higher insurance costs and reduced traffic directly affect Iran's oil exports and the flow of goods in the region.

Insurance Business · Jul 12, 2026