US-Iran Peace Breakthrough: Trump says the deal is “complete,” authorizing toll-free reopening of the Strait of Hormuz and removal of the US naval blockade, with markets cheering as oil slides and investors reprice risk. Global Markets: Asian shares and bonds rally while crude drops sharply, easing inflation fears and interest-rate pressure ahead of central bank meetings. Middle East Trade Shock: Analysts warn shipping and regional trade may take months to normalize, even as the immediate tension eases. EU Diplomacy: EU leaders welcome the agreement and stress restoring freedom of navigation, while also linking lasting peace to nuclear and ballistic concerns. UK Online Safety: Keir Starmer is set to unveil an under-16s social media ban as part of wider online safety reforms. Malaysia Economy & Energy: Malaysia’s Economy Ministry flags a ministerial statement on the global energy crisis and supply disruptions, while inflation is projected to stay between 1.5% and 2.5% in 2026. Asia Capital Flows: Foreign investors extend net selling across Asia, with the Philippines the lone exception in the latest fund-flow snapshot. Sri Lanka Politics: Ranil Wickremesinghe warns of “total collapse” as opposition reshapes its campaign. Business & Policy: Ireland councillors push to scrap the USC tax, arguing relief for the squeezed middle. Aviation Safety: India’s AAIB probe into Air India AI-171 is nearing its final report, with officials urging strict protocol. Regional Energy Costs: Sabah and Sarawak diesel subsidy spending jumps to RM1.4b in the first four months, driven by oil-price pressure. Sports & Business: World Cup watch parties and local tourism tie-ins keep showing up as a small-business boost.