Iran-Yemen Diplomacy: Iran’s FM Abbas Araghchi said there is “no military solution” to Yemen and urged dialogue as Saudi-Houthi exchanges intensify, with the Bab al-Mandab Strait and regional disputes in focus. US-Iran Escalation & Shipping Risk: Trump reiterated the US will not allow Iran a nuclear weapon while strikes and counterstrikes continue; the US also fired on a vessel trying to breach Iran port blockades as Houthis threaten Red Sea shipping, keeping Strait of Hormuz disruption front and center. Pakistan as Mediator: Pakistan is exploring ways to restart stalled US-Iran talks, encouraged by China, but faces a tightrope given its close ties with Saudi Arabia and China amid Yemen’s Houthi blockade. Saudi Nuclear Deal Politics: Reporting says the US-Saudi civilian nuclear pact is being tied to Saudi joining the Abraham Accords, raising alarm over a potential Middle East arms race. Fuel Price Pressure in the Region: Malaysia’s PM Anwar defended fuel subsidies ahead of higher costs, while other markets reported fuel price adjustments linked to Middle East-driven crude volatility. Regional Security Bloc: SCO foreign ministers issued a statement backing multilateral cooperation and regional security, emphasizing sovereignty and non-use of force.