Strait of Hormuz Pressure: Oil and shipping risk stayed elevated as hopes for a US-Iran deal faded, with analysts warning any blockade or tougher transit terms could keep freight costs high. Energy-Trade Cost Shock: Iran’s business lobby warned a US maritime blockade could add about $18B a year in trade costs, given the huge gap between sea and land transport pricing. Red Sea Security: Saudi Arabia is moving to form a naval coalition to protect commercial traffic through the Bab el-Mandeb, where Houthi disruption is hitting container shipping and tankers. Ukraine Logistics Under Fire: Ukraine-linked strikes reportedly hit Wildberries warehouses in Russia’s Voronezh region, sparking massive fires and underscoring how e-commerce distribution networks are becoming targets. Cyber Risk in Freight: Valve confirmed a Ceva Logistics data breach affecting Steam hardware customers, highlighting how supply-chain IT incidents can ripple into retail and payments. EU Packaging Rules: UK exporters were urged to revisit pallet and container reuse plans ahead of the EU’s Packaging and Packaging Waste Regulation rollout. Urban Freight Electrification: Porter flagged off its 10,000th electric truck in Delhi, touting reduced empty runs and fuel savings as India pushes greener logistics. Kenya Customs Update: KRA changed how consolidated cargo is valued, raising the benchmark and reviving disputes for small importers. Supply Chain Intelligence: Worldly named Léyoh Goodall to expand growth for verified, multi-tier supply chain risk data.