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Türkiye, Saudi resolve transit visa issue after decade-long blockade

Ankara has secured transit visas for Turkish truck drivers travelling through Saudi Arabia to the wider Gulf, reopening a crucial land trade corridor after ten years of diplomatic deadlock. Trade Minister Ömer Bolat hailed the breakthrough as a game‑changer, especially as maritime routes through the Strait of Hormuz remain paralysed by war.

EU extends airspace warning over Middle East, Gulf until April 24

The European Union Aviation Safety Agency extended its conflict-zone flight advisory for most Middle Eastern and Gulf airspace until April 24, citing ongoing military escalation and risks to civil aviation. The warning covers all flight levels across 12 countries, with limited high-altitude exceptions in parts of Saudi Arabia and Oman. The previous deadline was April 10.

Türkiye's risk premiums drop after US-Iran truce

Following the two‑week ceasefire between Washington and Tehran, Türkiye’s five‑year credit default swap (CDS) fell 17 basis points to 268. The decline came as US Treasury bond yields dropped sharply, easing borrowing costs for Ankara. The Central Bank also stepped in with swap transactions to stabilise the Turkish lira and prevent liquidity shortages.

Dollar plunges, gold surges as Middle East ceasefire eases tensions

The US dollar fell sharply against the euro and pound as a two-week ceasefire between Iran and the US took effect, easing Middle East tensions. Gold jumped 2.7% to $4,830 per ounce, while silver soared 6.33% to $77.50 per ounce.