Energy Shock Watch: The IMF, World Bank, IEA and WTO warn the Middle East war is straining global energy supplies and hitting poorer economies via higher fuel and fertilizer prices, as Washington weighs an Iran ceasefire that hinges on restoring shipping through the Strait of Hormuz. Sanctions Pressure: The US announces new sanctions on Iran’s oil and petrochemical networks, targeting entities and vessels tied to exports and warning anyone in the trade could face penalties. Ceasefire Hopes, Oil Slide: Oil prices end the week sharply lower on optimism about US-Iran talks, with Brent and WTI down about 9% for the week. Lebanon Front: Israeli strikes across southern Lebanon kill civilians including a paramedic and damage infrastructure, while Hezbollah fires rockets and drones at northern Israel, expanding the pressure despite ceasefire claims. Gaza Violence: Despite Eid-related ceasefire language, Israeli attacks kill a Palestinian doctor and injure others in central Gaza, alongside continued strikes in the West Bank. Iraq Weapons Debate: Kataib Hezbollah signals it may “hand over” weapons to state control amid growing pressure on Iran-backed militias. Syria Missing Persons: Syria’s missing persons commission says the children of dentist Rania al-Abbasi—disappeared in 2013—are likely dead. US-Syria Diplomacy: Tom Barrack steps down as US special envoy for Syria as Washington moves toward deeper diplomatic normalization with Damascus. Turkey Opposition Crisis: Turkey’s main opposition CHP faces an open leadership fight after a court reinstates Kemal Kılıçdaroglu, prompting rival rallies in Ankara and Istanbul.