Hormuz Shock to Gulf Trade: Iraq’s foreign minister warns Baghdad is “printing cash” to cover salary gaps as oil export revenues plunge under Strait of Hormuz disruptions, calling a prolonged conflict a “financial catastrophe.” OPEC+ Output vs. Export Reality: Despite expectations of a July output increase, Iraq faces tougher delivery constraints, pushing plans to expand exports via Turkey’s Ceyhan pipeline and routes toward Jordan and Syria. World Bank Roads Push: The World Bank backs a $900m Iraq road-infrastructure upgrade aimed at boosting transport corridors, safety, and private-sector opportunities—key for trade and regional integration. US Considers Frozen-Iran Assets for Reconstruction: Reuters reports Washington is weighing redirecting Iranian assets to fund reconstruction and compensate Gulf damages, as tensions and drone/missile exchanges continue. Syria-Tied Connectivity Plans: Türkiye’s Hejaz Railway modernization is set to link to Aleppo and eventually Oman, positioning Syria-area corridors as part of an alternative trade route away from Hormuz risk. Lebanon Airport Revival: Lebanon starts rehabilitation of Qlayaat’s Rene Mouawad Airport to open within months, a move that could ease pressure on Beirut’s airport amid ongoing security threats. Humanitarian Supply Chain Detours: WFP says fortified biscuits for Afghanistan were rerouted through nine countries after border closures and Hormuz disruptions, underscoring how regional shocks hit food logistics. QRCS Eid Aid Reaches Syria: Qatar Red Crescent’s Eid al-Adha campaign delivered aid to 247,344 beneficiaries across 14 countries including Syria, highlighting continued cross-border humanitarian flows.