US-Iran Ceasefire Talks: U.S. and Iranian negotiators reached a tentative 60-day ceasefire extension framework and plan new nuclear talks, but President Donald Trump has yet to sign off; the draft reportedly keeps Strait of Hormuz shipping unrestricted, bars tolls, and requires Iran to remove mines within 30 days while the U.S. eases its naval blockade in step with commercial traffic. Gulf Flashpoints: Kuwait reported missile and drone attacks and said its air defences intercepted threats, as Iran and the U.S. trade accusations of ceasefire violations; Iran also fired warning shots at four vessels near Hormuz after they attempted to pass without coordination. Sanctions Pressure: Washington imposed fresh sanctions targeting Iran’s oil and petrochemical shipping network and the Persian Gulf Strait Authority, aiming to cut revenue tied to military activity. Markets & Europe: Oil slid on deal hopes while European stocks rose; the ECB warned the Iran war could create a “double scar” for eurozone consumers, deepening inflation sensitivity and economic anxiety. Regional Diplomacy: Iran’s President Masoud Pezeshkian pushed Muslim unity and regional cooperation via calls with multiple leaders, while the UAE and Kuwait exchanged solidarity messages after the Kuwait attacks. Turkey-Ukraine Maritime Risk: Russia struck a Turkish-owned cargo ship near Odesa with drones, injuring crew and sparking a fire. Saudi Pilgrimage Management: Malaysia’s home minister praised Saudi preparations for Haj, citing logistics, security and welfare for about 1.7 million pilgrims.