Gulf Security Escalation: The U.S. says it shot down four Iranian one-way attack drones aimed at the Strait of Hormuz, then struck Iranian coastal surveillance radar sites on Qeshm Island and in Goruk; hours later, Iran fired seven ballistic missiles toward Kuwait and Bahrain, with U.S. forces intercepting six and reporting no harm to U.S. personnel, while Kuwait and Bahrain activated air defenses and Bahrain sounded air raid sirens. Maritime & Energy Risk: Analysts note the Strait remains a critical chokepoint for oil and LNG, and the conflict is pushing shipping into riskier behavior, including more “dark” transits that switch off tracking to avoid detection. Local Impact Watch: Bahrain’s Interior Ministry reported sirens early Saturday, urging residents to shelter, as the renewed exchanges raise concerns for regional stability and trade flows. Climate/Industry Diplomacy: Bahrain’s Oil and Environment Minister Dr Mohammed bin Daina met Japanese officials in Tokyo to expand cooperation on energy, industry, marine monitoring, climate resilience, and nuclear regulation expertise. Housing Services Push: Bahrain’s Southern Municipal Council approved steps to inventory and register Hunainiya plots, clearing the way for delayed public service and investment projects. Jobs Warning: A Bahrain Chamber board member warned that escalating regional tensions could wipe out about 36 million global jobs by 2027, hitting SMEs hardest.