Strait of Hormuz Shockwave: Iran’s Persian Gulf Strait Authority announced a full closure of the Strait of Hormuz on June 11, after U.S. airstrikes, threatening a major global energy disruption as the route carries about a fifth of world oil and LNG. Deal Uncertainty for Industry: Even with a U.S.-Iran framework to halt the war and reopen Hormuz, analysts warn it could take weeks or months for trapped tankers to clear, for producers to ramp up, and for captains and insurers to feel safe. Maritime Safety First: Shipping operators welcomed reopening plans but stressed a “normalisation process” focused on security, insurance and navigational guidance before routine traffic returns. Bahrain Construction Update: Seef Properties awarded main works for the Seef Mall–Seef District redevelopment to Mohammed Jalal Contracting, including new restaurant and café spaces and supporting services. SME Rules Update: Bahrain issued new SME classification rules using staff and yearly turnover, with micro, small and medium bands tied to an online registration system. Construction Dispute Process: Bahrain’s dispute resolution chamber added new filing, reply and mediation steps for building, mechanical and electrical works cases. Digital City Moves: Muharraq Municipality signed with Batelco to run and invest in 10 digital advertising screen sites along Muharraq Ring Road. Food Price Scrutiny: Egg price swings sparked calls for tighter inspections and price transparency in residential grocery outlets. Banking Link-Up: Singapore Gulf Bank joined the Bahrain Association of Banks, reinforcing Manama’s push to connect Asia and the Gulf. ISO Milestone: Al Tawfeek Maintenance Services achieved ISO 9001, 14001 and 45001 certifications.