US-Iran Tensions & Troop Moves: The US is sending a third aircraft carrier and thousands more troops to the Middle East as Washington weighs renewed strikes, keeping pressure on the region’s security and energy routes. Diesel Shock in Europe: Trump and US officials are urging Europe to release emergency diesel reserves, with EU crisis talks underway over a proposed 50 million barrels of diesel and crude—amid record fuel prices that are already feeding into inflation. Oil Market Volatility: Oil prices slipped as traders weighed signs of recovering Middle East supplies against the risk of renewed US-Iran confrontation. EU Farmers Squeezed: Eurostat reports falling farm-gate prices while energy and fertiliser costs rise, hitting margins across EU agriculture. Bahrain F1 in Malaysia: Gulf Air marked the start of the Bahrain Grand Prix weekend in Malaysia, extending its long-running sponsorship. Kurdistan at Davos: Kurdistan Region President Nechirvan Barzani will attend the World Economic Forum in Davos, with talks expected to focus on calming the wider Iraq region. Eritrea-Ethiopia Rift: Eritrea severed ties with Ethiopia after drone strikes and embassy closures, raising fears of renewed conflict spilling into the Red Sea. UAE Space Milestone: The UAE launched its first locally built commercial satellite, boosting regional space manufacturing ambitions. Flydubai Aftermath: Israel plans repatriation flights for passengers stranded in the UAE following the Flydubai cockpit attack, as investigations continue.