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Kremlin: Russia has repeatedly drawn Turkey’s attention to the highly dangerous behavior of the Kiev regime. Ukraine has always shown a tendency to launch terrorist attacks on key international energy pipeline facilities. Moscow is taking steps to minimize the consequences of the attack but hopes Türkiye and other countries will use their influence to warn Kiev against such actions.

Office of the President of Ukraine: In Ankara, Ukrainian President Zelensky met with European Council President Costa.

Iranian Ambassador to Russia: The martyrdom of Iran’s former supreme leader Ayatollah Ali Khamenei has set off a great awakening in regional geopolitics.

Morningstar analyst Chelsey Tam said China's data center construction for government and state-owned enterprise AI workloads may reduce demand for Alibaba's public sector computing systems. She lowered Alibaba's annual cloud revenue forecast by 10% starting in fiscal 2030, when the buildout is expected to be completed. Given that Alibaba has very little business in the United States, the impact of U.S. legislative threats against the company should be limited. Morningstar lowered its fair value estimate for Alibaba's ADRs by 7% to $241, but said the valuation was still low. It added that concerns about the loss of delivery business and rising computing power costs are exaggerated.

Adam Button, analyst at the financial website investinglive: The market originally hoped that this week would be a relatively calm period, allowing both the United States and Iran to relax the situation, calm down, and prepare for the next round of negotiations next week. As a result, the memorandum of understanding reached in late June has now completely collapsed. This effectively means that both parties have hit the "reset" button and everything is back to square one. It seems that the previous optimistic expectations have finally come true. Market concerns about the situation in the Strait of Hormuz have returned. Although little substantial progress has been made in reopening the strait, But Trump's statement means that even those "political shows" designed to show off and gain public attention are over. At the same time, Trump is still criticizing NATO, and Spain has become his latest target. He was dissatisfied with Madrid's defense spending, calling it a "bad partner" for NATO, and expressed displeasure that Spain had no intention of helping resolve the situation in the Middle East. As a result, he claimed to have instructed Washington to cut off trade ties with Madrid. At present, Spain's response is that they regard Trump's remarks only as a threat. Think he didn't really mean to act on it. Having said that, the potential for Trump to take reckless action cannot be underestimated. If Spain becomes the focus of scrutiny, other countries in Europe may not escape the same fate. Now, after Trump declared that dealing with Iran was a "waste of time," he has turned his attention to Greenland. At the NATO summit in Ankara, Trump’s obsession with “owning Greenland” returned strongly.

Market news: Britain and Türkiye will sign a security and defense agreement at the NATO summit.