Trade & Logistics: Indonesia, Malaysia and Thailand are lining up a new ASEAN-to-East Asia corridor after Indonesia’s Belawan New Container Terminal, Penang Port and Perlis Inland Port signed a cooperation deal tied to the Perlis Free Trade Zone’s inland clearance depot, aiming to speed cross-border cargo and link digital systems. Inflation Watch (India): India’s finance ministry warns retail inflation could rise as fuel prices jump and monsoon rains look weaker, with Strait of Hormuz disruption still the key swing factor for energy and food costs. Central Banking (US): Fed officials are openly debating whether Iran-linked energy shocks could turn into persistent inflation, with markets pricing a higher-rate risk later this year. Maritime Security: India’s navy chief says maritime and energy security are inseparable for Strait of Hormuz trade, citing threats to merchant shipping and stepped-up surveillance and deployments. Foreign Investment Rules (Oman): Oman lists activities barred for foreign investors under its foreign capital law, including parts of retail and community services plus several craft, heritage and trading activities. Royal Household & Trade Envoy: Court-linked reporting says Buckingham Palace received emails alleging Andrew Mountbatten-Windsor shared confidential information while a trade envoy, as police inquiries continue. Business & Tech: Meta plans to test an AI pendant and expand wearables with a “Wearables for Work” subscription, while Zara’s India venture reports weaker FY26 results as competition intensifies.