Hormuz De-escalation Talks: The US paused airstrikes on Iran for a second consecutive night, while Iran and Oman reported progress on safe passage mechanisms for commercial shipping through the Strait of Hormuz, keeping traffic status unchanged. Maritime Enforcement: Despite the air pause, CENTCOM said the US naval blockade remains fully in effect, with 12 commercial vessels redirected and tankers disabled/boarded in the Gulf of Oman and Arabian Sea. Shipping Risk Spike: Tanker traffic through Hormuz slowed sharply and oil prices pushed above $100 as attacks and rerouting fears intensified. Red Sea Pressure: Yemen’s Houthis claimed missile attacks on Saudi oil installations, while Kuwait condemned repeated Houthi attacks on Red Sea shipping as violations of international law. Caspian Sea Tensions: Iran accused Ukraine of attacking an Iranian commercial ship in the Caspian Sea, killing one sailor and injuring others, as Ukraine said it hit vessels tied to Iran-linked military cargo. Transport Infrastructure Fallout: Iran’s President Pezeshkian called US strikes on transport infrastructure “war crimes” and ordered reconstruction and alternative routing for ports, rail, highways and border terminals. Regional Logistics Moves: Syria advanced a major highway rehabilitation plan to boost domestic and cross-border freight, including key corridors linking to Jordan, Türkiye, Iraq and the Gulf.