Iran showed no sign of backing down Tuesday as a U.S. deadline loomed for it to reopen the Strait of Hormuz, defying threats by President Donald Trump to "decimate" the country's civilian infrastructure.

Türkiye has launched transit trade with Saudi Arabia to keep shipments moving to regional countries amid disruptions in the Strait of Hormuz, Trade Minister Ömer Bolat has announced.

Oil prices rose Tuesday while equities were mixed as investors assessed Donald Trump's latest deadline for Iran to reopen the strategic Strait of Hormuz or be "decimated".

Arab countries and Palestinian groups condemned far-right Israeli National Security Minister Itamar Ben-Gvir’s storming Monday of Jerusalem’s Al-Aqsa Mosque.

The Hormuz crisis has driven fertilizer prices in Türkiye up by between 8 percent and 55 percent, leaving farmers caught between two difficult choices: lower yields or higher costs.