Strait of Hormuz Shock: Iran announced a full closure of the Strait of Hormuz to all shipping on June 11, citing retaliation for US airstrikes, raising fears of major oil-price spikes and insurance and logistics disruption as Bahrain and other Gulf states face renewed cross-border attacks. Iran-US Deal Whiplash: US President Donald Trump said a memorandum of understanding to wind down the war is close and could be signed soon, but Iran pushed back, saying nothing is final and red lines remain, keeping regional business uncertainty high. Bahrain Aviation Push: Bahrain’s transport minister highlighted aviation growth at the Berlin Aviation Summit, pointing to digitised procedures and a DHL Bahrain Airport Company agreement for a major MRO hangar. Community Housing Funding: Bahrain Chamber urged a unified, government-and-banking funded social fund to rehabilitate dilapidated homes and support neighbourhood development, warning against adding pressure on public finances. Muharraq Connectivity: Councillors called for urgent fixes to Muharraq Ring Road links to reduce detours and congestion, including access improvements toward key areas and the fourth bridge. Tourism-Fisheries Proposal: MPs backed a plan to let selected seafront hotels allocate space for Bahraini fishermen, blending marine heritage with tourism. Banking Prize Handover: NBB’s Thara’a draw delivered a luxury seafront villa to the grand winner and cash prizes to 100 others, reinforcing retail savings incentives. CBB Talent Pipeline: The Central Bank of Bahrain opened applications for its Graduate Development Programme (GP15), selecting 15 Bahraini graduates for a six-month training and mentorship track.