Strait of Hormuz Shock: Oil jumped as the US hit Iranian rocket launchers on Larak Island and Iran retaliated with drone and missile attacks on US-linked targets in Jordan and the UAE, renewing fears of supply disruption through the Hormuz chokepoint. Markets Under Pressure: Wall Street slipped and European stocks wavered as crude climbed above $90 and hawkish Fed signals lifted rate-hike expectations. Arab League Pushback: The Arab Parliament and Arab League condemned Iran’s attacks on Jordan and the UAE, calling them a direct threat to regional security and urging the UN Security Council to act. Regional Security Bloc: Turkey, Saudi Arabia and Pakistan moved the “Makkah” defense pact toward an institutional structure in Istanbul, with Pakistan set to provide the first secretary-general and a permanent secretariat based in Saudi Arabia. Greece-Israel Defense Deal: Athens and Israel sealed a €3bn air-defense agreement, integrating Israeli systems into Greece’s “Achilles Shield.” West Bank Settler Violence: Reports highlighted intensifying settler attacks and raids in the West Bank, with Palestinian farmers describing repeated destruction of land and livelihoods. Israel-Turkey Maritime Tensions: Israel signaled it will deter Turkish naval moves near key areas, warning of potential costs. Antisemitism Legal Fight (Australia): An Australian judge rejected the IHRA antisemitism definition and ruled “F*** Israel” graffiti wasn’t antisemitic.