Iran's embassy in Doha rejected the US president's baseless accusations and said preparations for Tehran-Washington talks in Qatar have not begun, Iranian media reported.

The Baltic Dry Index fell for a sixth straight trading day on Monday, down 34 points (1.4%) to 2,490, its lowest level since April 15. Capesize index slid 102 points (2.8%) to 3,538; Capesize daily earnings fell $923 to $28,588. Supramax index eased 2 points (0.1%) to 1,668, the weakest since June 15. Panamax index rose 14 points (0.7%) to 2,124; Panamax daily earnings increased $127 to $19,117. Handysize index ticked up 2 points to 947.

Morningstar analyst Jing Jie Yu said market uncertainty about potential capital spending by Samsung Electronics and SK Hynix may be pressuring their share prices. He estimates combined capex could reach about 2,000 trillion won over the next decade—roughly double Morningstar's current forecast—including SK Hynix’s planned AI data‑center investment, with pledged spending on the Yongin wafer‑fab cluster around 600 trillion won. Yu warned that if SK Hynix’s AI data‑center commitments are separate from its broader capex plans, the memory‑chip sector could face a material supply‑overhang risk because demand typically slows as a capex cycle matures.