Yemen Legal Reform: Yemen’s Minister of Legal Affairs, Judge Ishraq Al-Maqtari, says any future settlement won’t grant immunity for grave crimes, with responsibility extending to leaders who planned, ordered, financed, or facilitated abuses by the Iran-backed Houthis, alongside a legislative reform roadmap covering institutions, the investment climate, and digital rights. Shipping & Oil Logistics: With the Strait of Hormuz under pressure, France and Saudi Arabia are set to discuss oil pipeline and port options to bypass the waterway, while renewed container traffic through the Suez Canal is starting to return—good news for exporters facing higher costs and delays. Maritime Security Shock: Somali piracy is resurging, with hijackings and hostage-taking reported off Yemen and Somalia, raising risks for crews and pushing shipping costs higher amid wider Red Sea and Gulf disruptions. Humanitarian Aid in Yemen: Qatar Red Crescent Society (QRCS) launched a $1m OCHA-funded project in Al-Hudaydah to deliver health services, nutrition support, and cash assistance to over 55,000 displaced and vulnerable people. Yemen Economy & Business Pulse: Yemen Telecom’s corporate football championship continues in Sana’a, with teams including Yemen Kuwait Bank and TeleYemen playing in group matches sponsored by Yemen Telecom. Local Energy Sector Activity: Yemen Petroleum Company organized a grand light parade of 156 tankers in Sana’a, signaling continued operational presence despite the conflict.