Strait of Hormuz Diplomacy: Mediators are still pushing US-Iran talks to end fighting and reopen the Strait of Hormuz, with indirect talks expected to resume Monday despite Trump publicly rejecting Iran’s seven-day reopening proposal; Qatar is mediating and draft terms reportedly link reopening with lifting the US blockade and later removing sanctions. Red Sea Security & Yemen Spillover: Egypt’s foreign minister stressed freedom of navigation through the Red Sea and Bab al-Mandab, linking Yemen stability to global trade and supply chains, as fighting intensifies around Mocha and nearby islands. Oil & Costs: Oil jumped after Trump rejected the Hormuz plan, with Brent up over 2% and markets watching whether shipping disruptions keep prices elevated. Saudi Strikes on Yemen: Saudi airstrikes hit Taiz again, including Al-Rawdah School, while Yemen’s education ministry condemned repeated attacks on schools and civilians. Humanitarian Pressure: WHO reported 164 deaths and 645 injuries in Yemen over a week, with more than 180,000 displaced since mid-September. Local Economy & Industry: Yemen highlighted agricultural mechanization and local manufacturing as a path to food self-sufficiency, while telecom and postal branches in Dhamar marked the September 21 revolution anniversary.