Strait of Hormuz & Markets: Iran-Oman shipping talks and US-Iran optimism are lifting European equities to record highs, but analysts warn the deal could still reshape who controls Gulf transit and keep oil-price swings alive. Security & Shipping: Saudi Arabia is bracing for coordinated attacks by Iraqi militias working with Iran-backed Houthis, as the conflict threatens to widen and disrupt tanker routes. US-Iran Diplomacy: Trump says the Iran war will end “pretty soon” and points to progress on Hormuz negotiations, while Iran vows a “crushing response” to threats. Energy Costs & Daily Life: Middle East tensions are still feeding fuel-price pressure—UK reports rising fuel theft as pump prices surge, while Ottawa drivers see short-term drops tied to Hormuz headlines. Cyber & Aviation: A new Kaspersky warning urges aviation groups to harden defenses after Mirage Kitten malware targeting networks across the Middle East and Africa. Business & Tech in the Gulf: Ooredoo expands AI compute ambitions via a major Zankore investment, and Kuwait’s Souq Sharq signs on for an 8.77MW solar project. Regional Economy Watch: Bahrain’s NBB CEO Usman Ahmed makes Forbes’ Top 100 CEOs list, while Cyprus construction shows resilience but faces uncertainty from renewed regional escalation.