Strait of Hormuz Escalation: The US launched strikes on Iran after accusing Tehran of attacking three ships in the Strait of Hormuz; Iran retaliated by targeting Bahrain and Kuwait, with air-raid sirens sounding again in both states and officials saying air defenses were intercepting incoming missiles and drones. Diplomatic Push: The EU condemned the attacks on Bahrain and Kuwait and warned that US-Iran exchanges are undermining de-escalation, while Qatar and Kuwait both issued strong condemnations and called for dialogue. Maritime Disruption: Qatar’s LNG tanker Al Rekayyat was hit and is awaiting salvage after a fire was extinguished, with Qatar blaming Iran and urging an end to maritime attacks. Kuwait Security/Power: Kuwait said power lines were damaged by shrapnel but electricity services were not broadly affected, and its air defenses intercepted hostile missiles and drones. Gulf Business: Oman India Fertiliser Company (OMIFCO) jumped nearly 20% on its Muscat debut; Saudi authorized ACWA Power to exclusively export green hydrogen and renewable electricity. Qatar Economy/Finance: QIIB won a retail banking innovation award, and HSBC Qatar partnered with Noqoody to streamline merchant payments. Aviation Incident (Non-Gulf): A Saudia aircraft taxiing at Manila’s NAIA struck a parked Philippine Airlines jet; no injuries were reported and investigations are underway.