US-Iran Escalation: The U.S. struck Iranian radar and drone-control sites on Qeshm Island after Iran shot down a MQ-1 Predator, while Iran’s IRGC said it retaliated by targeting a U.S. air base used in an attack on a telecom tower near Sirik Island; Kuwait reported intercepts as sirens sounded. Ceasefire Talks Under Strain: Trump said Iran “really wants” a deal and pushed for tougher revisions to the draft ceasefire/MoU, while Iran’s foreign minister warned speculation shouldn’t be judged until a “clear result” emerges and blamed lack of trust and shifting U.S. positions. Kuwait Warns of “Dangerous Escalation”: Kuwait’s foreign ministry condemned repeated Iranian attacks as violations of international law and said it will take necessary measures to protect security. Regional Ripple Effects: Iraq faces a potential summer electricity crunch as lower Iranian gas imports follow damage to South Pars; Gulf markets eased on the renewed strike cycle. Strait of Hormuz Governance: Iran said it is applying new maritime traffic regulations and warned against foreign interference, keeping the chokepoint central to any deal. Domestic Pressure in Iran: Iran executed two protesters convicted over January unrest, as reports of leadership power struggles continued. Turkey Economy: Türkiye’s GDP grew 2.5% in Q1, with industrial contraction offset by services and communications growth.