Geopolitics & Energy: Iran’s talks with the US in Switzerland sparked a calmer mood in markets, easing oil fears, but Qatar’s Ras Laffan gas export terminal still suffered a major explosion that injured 54 and left 18 missing—raising near-term energy supply risk. Trade & Diplomacy: Malaysia is pushing a fast-track free trade deal with Bangladesh, with cooperation also targeting semiconductors, AI, energy and halal; India’s Jaishankar is set for Mongolia and South Korea talks on trade, AI and defence. Export Controls: China added 10 US entities to its export control list, tightening rules on dual-use goods and suspending shipments; it also targeted two US rare-earth firms, underlining how tech supply chains are becoming a policy battleground. Markets: Asian shares leaned higher on improved Iran-talk sentiment, while China stocks rose but Hong Kong fell on rate worries and upcoming lock-up share releases. Business & Tech: AirAsia X said it will gradually lower fares as jet fuel prices fall and is exploring new routes to Russia and Turkmenistan if demand and visa access improve. AI & Investing: Investors are debating whether the AI data-centre boom will last, with some AI chip stocks trading at low P/E levels amid order-cancellation concerns. UK Economy: A decade after Brexit, UK small firms and surveys point to higher red tape and cost pressure, even as many businesses still plan to grow.