Strait of Hormuz Escalation: Iran warned it will strike back if the US targets its energy chain, as Parliament Speaker Mohammad Bagher Ghalibaf said American oil and gas interests are “exposed” and threatened retaliation. Maritime Exclusion Zone: Iran’s Supreme National Security Council secretary Mohsen Rezaei said Tehran will announce a Gulf “exclusion zone” tied to the US blockade line, with vessels entering to transit Hormuz added to a sanctions list; shipping traffic through the chokepoint has reportedly slowed sharply. US-Iran Energy Pressure: The US said it hit three Iranian tankers after IRGC missile attacks on US Navy ships, while Trump doubled down on threats and predicted petrol could fall below $2 a gallon after “victory.” Oil Markets: Brent pushed near $98 as traders priced in longer disruption risk. Nuclear File: The IAEA said it has lost continuity of knowledge at Iran’s sites and Western powers are pressing for a UN Security Council referral. Regional Diplomacy: Cyprus, Greece and Egypt leaders are set to meet in El Alamein to coordinate on regional security. Yemen Front: Houthis claimed strikes on Saudi targets including Abha airport, King Khalid air base and Aramco facilities. Turkey-US Sanctions: US Treasury sanctioned a Turkish bank accused of moving money for IRGC-Quds Force, with US lawmakers calling Turkey “not our friend.” Syria at Arab League: Syria’s FM Asaad al-Shaibani said Damascus remains committed to a diplomatic solution with Israel while calling for state control of weapons. Iran-India Outreach: Iran highlighted “very good” ties with India ahead of Pezeshkian’s BRICS visit, including Chabahar trade talks.