US-Iran Ceasefire & Hormuz Reopening: Markets surged and oil slid after Washington and Tehran agreed to extend a ceasefire and reopen the Strait of Hormuz, but shippers warn mine clearance could delay safe traffic for weeks, keeping energy and logistics pressure on households and businesses. Regional Security Fallout: Despite the deal, Hezbollah said it repelled an Israeli “advance” in southern Lebanon, underscoring how fragile implementation remains. Diplomacy at the G7: US Vice President JD Vance warned strikes could resume if Iran breaks commitments, while G7 talks in France also focus on Ukraine and Middle East stability. Economy & Inflation Spillovers: Analysts and global institutions say the conflict’s shock is broader than oil—hitting shipping, fertilizer and food costs—while central banks keep buying gold as a hedge. Qatar Stability Spotlight: Qatar was ranked the most peaceful country in MENA in the 2026 Global Peace Index, highlighting a rare pocket of calm amid wider regional strain. Business & Mobility: Dubai and Qatar travel advisories are set to ease, and Istanbul Sabiha Gökçen added London Gatwick service, signaling renewed confidence in travel corridors.