U.S.-Iran Escalation: Trump declared the Iran ceasefire “over” as the U.S. launched more strikes and Iran retaliated by targeting U.S.-allied Gulf states including Bahrain, Kuwait and Qatar, raising fears the interim MoU could unravel and oil shipments through the Strait of Hormuz could stall. Regional Fallout: Lebanon’s U.S.-brokered Israel deal is deepening divisions because Hezbollah insists disarmament is a red line, with warnings of political paralysis or renewed civil war. Markets & Energy: Oil prices jumped again on renewed fighting; analysts warn the IMF’s growth outlook hinges on Hormuz reopening assumptions now slipping, while the IMF cut global growth forecasts and flagged Middle East conflict as a risk to inflation and trade. Economy Watch: ADB trimmed India’s FY27 growth forecast to 6.6% citing elevated energy prices, while IMF kept Nigeria growth at 4.1% for 2026 but warned higher essentials could worsen poverty. Gulf Finance & Business: Reports say Saudi banks are blocking or delaying transfers to UAE accounts amid tensions; separate MoUs show continued port and logistics dealmaking as firms plan around disruption risk. Security & Diplomacy: NATO’s Ankara summit spotlighted Türkiye’s growing strategic role as leaders weigh defense cooperation amid the Iran crisis.