US-Iran Escalation: The US carried out a 12th night of strikes on Iran, warning it will hit a bridge or power plant each time Iran attacks ships in the Strait of Hormuz, as both sides target civilian infrastructure and shipping fears return. Red Sea Shipping Shock: Iran-aligned Houthis claimed attacks on Saudi oil tankers and declared a naval blockade near Bab al-Mandab, adding pressure to already strained energy routes. Oil Prices Surge: Brent pushed toward $100 as renewed Middle East conflict and Hormuz disruption concerns rattled global markets, lifting inflation worries and weighing on regional stocks. Nuclear Deal Fallout: Washington signed a landmark nuclear cooperation agreement with Saudi Arabia, drawing alarm in Israel over proliferation risks and raising questions about oversight. Regional Diplomacy: US Secretary of State Marco Rubio told Asian allies they won’t be abandoned as he met regional counterparts amid the Middle East crisis. UK Travel Warning: Britain urged nationals to avoid non-essential travel to Bahrain and Kuwait and said flight cancellations and airspace closures are likely as security deteriorates. Iraq-Iran Energy Talks: Iraqi PM Ali Al-Zaidi arrived in Tehran for energy and regional discussions, including keeping Iranian gas flowing to Iraq’s power sector. Local Impact: Dubai launched “Invite” benefits for residents to boost tourism as visitor numbers plunge amid the war-linked downturn.