Iran-Gulf Flashpoint: Iran fired ballistic missiles and drones toward Bahrain and Kuwait, intercepted early Saturday, as Tehran said it targeted US military assets and accused Washington of violating a ceasefire; the US said it shot down missiles/drones and struck Iranian sites tied to navigation security. Diplomacy Under Strain: Pakistan’s interior minister arrived in Iran for mediation while the US weighs letting Gulf allies tap frozen Iranian assets for war damages, as Trump pushes for a deal and warns the Strait of Hormuz could reopen in “two or three days” if an agreement is reached. Lebanon Humanitarian Fallout: Israel issued a forced evacuation order for Tyre residents, citing Hezbollah ceasefire violations, amid reports of mass displacement and renewed strikes. Energy and Markets: Oil eased after Israel-Iran said they would pause attacks, but the conflict continues to rattle yields, currencies, and global risk sentiment; airlines report fuel costs up sharply (USDOT says US airline fuel costs jumped 78% in April), while IATA warns 2026 profits could be halved. Regional Security Talks: Pakistan and Lebanon army chiefs met to boost cooperation as mediation drags on, with Lebanon’s conflict remaining central to ceasefire efforts. Tech and Local Life: Qatar highlights rising practical AI use and AI-for-cybersecurity cooperation at a Korea-Qatar forum, while Saudi early childhood education gets an AI childcare management partnership.