- U.S. and Iran traded strikes this week after renewed attacks on shipping and U.S. forces, even as Iran said it might rejoin a June ceasefire if the U.S. does the same.
- The Strait of Hormuz has seen recent incidents — tankers reportedly hit and drones/missiles intercepted — raising fears about global shipping and oil flows.
- China’s Xi Jinping arrived in Cairo on a Middle East visit, underscoring growing big‑power diplomacy as regional tensions rise.
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