A cargo ship sank in the Marmara Sea near Istanbul after colliding with a second vessel, with rescuers hunting 10 people who were on board, Turkish officials said on Sept. 2.

The United States and Iran exchanged their heaviest attacks in weeks on Sept. 1, ending a month-long lull as Washington struck Iranian military sites and Tehran launched missiles and drones toward U.S. facilities across the region.

President Recep Tayyip Erdoğan concluded his visit to Kyrgyzstan on Sept. 1 after attending the Shanghai Cooperation Organization (SCO) summit, which ended with the approval of 28 documents and a series of bilateral meetings.

A renewed surge in oil prices pushed government bond yields higher and weighed on global stocks and gold as fresh U.S.-Iran fighting revived concerns over prolonged disruption to energy flows through the Strait of Hormuz.

A Turkish Navy vessel has detected an object believed to be the wreckage of the Filo Jet passenger ferry at a depth of about 550 meters off Kyrenia, as efforts continue to find 20 people still missing from the disaster.