US-Iran Deal & Hormuz: The US and Iran announced a memorandum of understanding to end their war, with talks set to formalize in Switzerland and key steps including reopening the Strait of Hormuz and lifting the US naval blockade—though details on sanctions relief, nuclear limits, and regional issues like Lebanon remain unclear. Regional Shipping & Yemen Impact: As Hormuz reopening is discussed, insurers and crews still want safety assurances; meanwhile, UKMTO and maritime security reports say armed skiffs have continued approaching vessels off Yemen, including attempted boardings near Aden and Balhaf. Economic Spillovers: The conflict is blamed for worsening global food and fuel costs and disrupting trade routes, with the World Food Programme warning millions could face severe food insecurity as funding cuts force aid rationing. Yemen Governance & Saudi Role: Yemen’s Marib governor (PLC) said Saudi support helped prevent renewed civil war and highlighted ongoing German humanitarian and development engagement in Marib. Humanitarian Pressure: UN rights and humanitarian reporting flags worsening crises in Yemen, with women and girls among the hardest hit as funding collapses. Digital Economy (Dubai): Dubai Chamber backed 32 new digital applications via its App Innovation Accelerator Program, with many using AI—an indirect signal of regional tech momentum.