Middle East Risk Premium: Israel and Iran traded retaliatory strikes again, threatening to unravel a fragile truce and pushing Brent crude higher, rattling global markets and adding inflation risk. FX & Rates Watch: South Korea’s central bank and finance ministry warned of excessive FX volatility and one-way moves, pointing to speculative offshore NDF activity as the won weakens. South Asia Growth Strategy: Vietnam’s deputy central bank governor said monetary policy room is narrow, so the country will lean more on targeted expansionary fiscal policy to hit growth while keeping inflation controlled. Energy Efficiency Push: Türkiye targets $20B+ in energy-efficiency investments by 2030, aiming to cut energy use and emissions. Trade & Integration: WTO pledged continued Aid for Trade support for Bangladesh to boost infrastructure, productive sectors, and export diversification. Regional Diplomacy With Economic Stakes: ASEAN Future Forum 2026 in Hanoi will focus on growth models, AI, energy security, and value-chain participation. Housing Supply Lesson: Ireland’s housing warning from 2014 is resurfacing as shortages persist, with renewed debate over “help to buy” versus “help to build.”