President Donald Trump issued a fresh warning to Iran on Sunday, saying it had to move quickly towards a peace deal or "there won't be anything left of them."

Foreign Minister Hakan Fidan will visit Germany on May 18 to attend the third meeting of the Türkiye-Germany Strategic Dialogue Mechanism, Turkish Foreign Ministry sources said.

Oil prices jumped Monday after U.S. President Donald Trump warned Tehran that the “clock is ticking” as U.S.-Iran negotiations over a permanent end to the war stall.

 Turkish consumer confidence ticked up by 0.3 percent month-on-month to reach 85.8 points in May, according to a joint survey by the Turkish Statistical Institute (TÜİK) and the Central Bank released on May 18.

As automobiles continue to be viewed as a key investment and a hedge against inflation, demand in the Turkish automotive market remains robust, with consumers pulling forward their purchasing decisions in anticipation of rising prices.