Hormuz Diplomacy: US Treasury Sec. Scott Bessent says a deal with Iran to reopen the Strait of Hormuz could come “today or tomorrow,” aiming for “freedom of movement” for commercial shipping; Qatar says a short-term framework is being circulated, while Iran denies direct US talks and says discussions are with Oman on a temporary shipping corridor. Maritime Disruption: Shipping remains subdued as only nine ships reportedly transited Hormuz on Monday, and a cargo vessel was hit by an “unknown projectile” off Oman, keeping risk high. Iran’s Shipping Terms: Reuters reports Iran wants control of inbound traffic and visibility over outbound movements under an Oman-managed lane, with Tehran able to intervene if needed. Energy/Logistics Impact: Aramco warns the world has lost 2.6bn barrels of oil since the conflict began and says inventory replenishment could take up to 18 months if Hormuz reopens. Regional Transport Moves: Tajikistan, Iran and Afghanistan plan a joint transport corridor for commercial cargo, with a first trial shipment next month. Saudi Trade Expansion: The European Chamber of Commerce in Saudi Arabia says EU-Saudi ties are entering a new expansion phase, with the EU-GCC business forum in Riyadh flagged as a milestone. Local Traffic Management: Jordan’s public works ministry installed new signal phasing at the King Abdullah II Street–Nalchik Street junction to reduce congestion toward Great Arab Revolt Square.