Middle East Shipping Shock: The US has reimposed a naval blockade on Iranian ports after attacks in the Strait of Hormuz, while Trump also walked back a planned 20% Hormuz fee—raising fresh uncertainty for global energy and freight costs. Pakistan’s Trade & Industry Exposure: With Hormuz tensions back, Pakistan’s import-dependent sectors face renewed pressure on oil and logistics, even as PSX sentiment slid on the renewed conflict. Pakistan–UNDP Development Push: Planning Minister Ahsan Iqbal met UNDP chief Alexander De Croo in New York to align support with “Uraan Pakistan” pillars—exports, digitalization, environment, energy and equity. Sindh Investment Drive: CM Murad Ali Shah invited Indonesian investors to Sindh, pitching Keti Bandar Port, an international facilitation centre and AI data centres. Power Sector Update: Nepra approved Rs332.3bn for NGC under UoSC for 2022-25, setting up the next MYT filing. Auto Policy Stalemate: Govt is likely to extend the current auto policy for one year as IMF and tariff talks remain unresolved, with AIDP 2025-30 still delayed. Digital & Skills Momentum: PTA told NA 5G is live in 22 cities via existing towers; lawmakers also stressed youth technical skills for an AI-driven economy. Agri-Exports Win: Loralai Olives won gold at Dubai’s olive oil contest, targeting Gulf demand and wider export markets. Local Economy Focus: PIBF launched a “district economy campaign” to push investment-friendly local growth and SEZ/industrial cluster planning.