Strait of Hormuz Tensions: The U.S. and Iran traded fresh strikes after Trump declared the interim ceasefire “over,” with sirens reported in Bahrain and missiles targeting Kuwait and Qatar, as Washington said it hit around 80 Iranian targets to protect freedom of navigation and Tehran retaliated against U.S.-allied bases. Diplomacy Under Pressure: The U.S. is now demanding Iran make a public statement that the Strait is open and ships won’t be attacked, but officials say internal power struggles are complicating any deal. Energy Market Risk: Analysts and shipping reports point to disrupted tanker traffic and renewed oil volatility as the MOU unravels. Bahrain’s Regional Position: Bahrain’s UN envoy accused Iran of using diplomacy to “manage crises and gain time” while escalating attacks across the Gulf. Local Business Watch: On a calmer front, BBK launched its “NextGen by BBK” university internship programme (55 students), while MPs pushed for rules to regulate food delivery apps amid concerns over charges and commissions. Property Buyer Protection: Bahrain’s Capital Trustees Board backed a proposal for a No Objection Certificate confirming buildings are free from hidden municipal violations before sales. AI & Ports: Bahrain also highlighted AI governance efforts at WSIS+20 and met Germany’s ambassador to discuss port and logistics cooperation, including Khalifa Bin Salman Port.