Sources said Russia's crude exports via western ports rose in June to a record 3.0 mln bpd.

Turkish central bank: gross foreign-exchange reserves stood at $54.25 bln as of June 26, down $5.26 bln from $59.51 bln a week earlier.

South Korean equities tumbled after Meta’s plan to sell computing capacity raised concerns of AI compute oversupply. The KOSPI fell more than 6%, sliding as much as nearly 7% in early trade on Thursday and briefly triggering a trading halt. SK hynix dropped about 9% and Samsung Electronics fell over 7%. Overnight U.S. peers Micron (MU.O) and SanDisk (SNDK.O) each fell more than 10%. The moves may intensify investor doubts about the sustainability of the chip rally driven by booming AI infrastructure demand; Korea’s major suppliers occupy a central position in that supply chain.