Strait of Hormuz & Energy Logistics: Iran’s Khamenei funeral week is colliding with shipping policy as Tehran pushes “service fees”/special terms for Strait of Hormuz transits while warning against foreign military moves; at the same time, LNG and gas curbs in India are being rolled back as Hormuz LNG shipments resume, and OPEC+ agreed to raise August quotas as Gulf exports recover. Regional Trade & Corridors: Pakistan urged to deepen Iran ties via energy, trade and logistics, while Iraq’s Basra–Aqaba pipeline talks are back on the agenda. Maritime Security: Red Sea risk remains live with reports of cargo-ship attacks off Yemen, and US Navy search efforts in the Arabian Sea have been suspended after a helicopter crash. Aviation & Mobility: Türkiye is preparing for the NATO summit with transport/security steps, while Saudia denies any link to 777-200ER transfers allegedly tied to Iran. Tech & Transport Industry: Türkiye’s Tersan Shipyard started building a mega cable-laying vessel for subsea power and fiber projects, and Kuwait’s Al Dorra OPVs are set to receive infrared surveillance systems. Public Transport Demand: Seattle light rail hit record ridership during major events, underscoring how quickly crowds stress transit systems. Humanitarian Access: A Palestinian infant died after delays at an Israeli checkpoint near Ramallah, highlighting ongoing access barriers. Funeral Disruption & Crowd Control: Tehran’s procession for Ayatollah Ali Khamenei drew massive crowds with heavy security, road shutdowns and airspace restrictions, while the absence of successor Mojtaba Khamenei kept attention on Iran’s leadership transition.