US-Iran Escalation: Trump says the Iran ceasefire/MoU is “over” after US strikes on Iranian targets following attacks on ships in the Strait of Hormuz; Washington also revoked a waiver for Iranian oil exports, while Iran retaliated and sirens reportedly sounded in Bahrain and Kuwait. Aviation Safety: EU aviation watchdog EASA extended guidance for airlines to avoid Iran and Iraq airspace until Aug. 31 as tensions keep shifting. Markets & Energy: Gulf stocks slid as oil jumped on renewed conflict fears; Brent rose to around $76+ and gold retreated amid rate-inflation jitters. Regional Politics: Erdoğan used the NATO summit in Ankara to push earlier NATO defense-spending targets and highlight Türkiye’s air/missile defense push. Finance & Trade: UAE FDI hit $48.24bn in 2025 (UNCTAD), while Jordan’s Housing Bank issued the country’s first $100m Blue Bond for water projects. Business/Industry: Sinopec’s unit signed a FEED deal for Uzbekistan’s SAF complex, aiming to supply aviation fuel for Central Asia and export markets including the Middle East. Local Economy: Bahrain activated emergency sirens after US strikes; separate reports also link Middle East-driven oil shocks to job and cost pressures beyond the region.