Middle East Energy Shock: Iran says it has fully closed the Strait of Hormuz to all shipping after U.S. airstrikes, a move that could disrupt the route carrying about 20% of the world’s oil and send prices higher as insurers and shipping firms react. Global Economy Watch: The World Bank warns the Iran war is weighing on growth, cutting its 2026 forecast and raising risks of inflation, food insecurity, and financial stress in developing countries. Trade & Supply Chains: A World Bank-linked port study finds China dominates global port efficiency, highlighting how automation and investment help keep trade moving when geopolitical shocks hit. International Labor Rights: The ILO adopted a binding convention for platform workers, stressing employment status should be based on facts and strengthening protections on pay, deactivation, and algorithm management. EU-Brazil Tech Cooperation: The EU and Brazil sign a Digital Partnership covering AI, data governance, digital infrastructure, and online platform rules, including added cooperation on protecting minors online. Sports Diplomacy & Culture: Canada and France deepen cooperation ahead of the G7, while New Zealand’s Kane Williamson retires from international cricket, ending a 16-year run. Caribbean Spotlight: CTO and TEMPO Networks expand a long-running partnership to boost Caribbean tourism and global storytelling.