US-Iran Escalation: The US Central Command says it destroyed five Iranian crude tankers after two ballistic-missile attempts on a US Navy warship, with Marco Rubio warning Tehran that each attack means “they’re going to lose tankers.” Sanctions Push: Washington also unveiled fresh Iran aviation-sector sanctions under “Operation Economic Outcast,” targeting airlines and firms tied to Mahan Air and warning banks to cut off support networks. EU-Arctic Rivalry: EU Commission President Ursula von der Leyen landed in Greenland and backed a €200m 2026–27 package plus more funding to deepen cooperation—seen as a bid to counter US pressure over the strategically important island. Trade War Fallout: Trump ordered federal agencies to stop buying Canadian products in the US procurement catalogue unless Ottawa offers “equal market access,” as tariffs and retaliatory moves intensify. Regional Diplomacy: Qatar urged against normalising a “no war, no peace” regional stalemate, warning prolonged tensions are draining resources and supply chains. Business & Policy: Pakistan and ASEAN business leaders called for more structured, result-oriented economic partnerships, while the IRS opened applications for its 2027 Compliance Assurance Process for large corporations.