US-Iran Framework Deal: The US and Iran say they’ve reached a preliminary agreement to end the war and reopen the Strait of Hormuz, with a memorandum of understanding set for signing in Switzerland this week; officials say hostilities would stop across fronts and the US blockade on Iranian ports would be lifted, while tougher issues like Iran’s nuclear program and sanctions relief move into later talks. Oil & Markets: The news immediately hit energy prices, with Brent sliding to a three-month low as traders priced in faster shipping recovery, though analysts warn full normalization could take weeks to months. Israel’s Lebanon Stance: Israel says it will not withdraw from “security zones” in Lebanon, Syria and Gaza even as the deal is framed as applying across fronts, raising the risk that the ceasefire won’t translate into ground-level de-escalation. Syria Diplomacy: Syria’s top diplomat Asaad al-Shaibani met the US special envoy for Syria and Iraq in Istanbul, signaling renewed momentum on bilateral ties and regional stability. Jordan-Syria Talks: Jordan and Syria held expanded talks in Damascus covering water, energy, transport, trade facilitation and civil aviation. Aviation & Connectivity: Romanian carrier DAN AIR marked its first year in Syria and plans permanent summer flights to Aleppo from July 1, aiming to deepen Europe-Syria passenger and business links. Regional Trade Routes: Turkey and Saudi Arabia are pushing a rail link connecting Jordan and Syria, part of a broader corridor push that could reshape regional logistics. Business Risk Tech: Wall Street and insurers are increasingly using AI-style war-risk forecasting models to price geopolitical shocks, reflecting how conflict risk is now treated like a core financial variable.