Red Sea Energy Shock: Yemen’s Houthis claimed attacks on two Saudi oil tankers and threatened a Bab al-Mandeb blockade, pushing Brent back above $100 and lifting shipping insurance costs as vessels reroute and shippers weigh Hormuz and Red Sea risk. Maritime Diplomacy: India’s EAM Jaishankar told the East Asia Summit that attacks on seafarers, civilian shipping and infrastructure can’t be tolerated, while ASEAN foreign ministers are set to call for open straits and unimpeded passage. South China Sea Friction: China Coast Guard used water cannon against Philippine vessels near Scarborough Shoal and Bajo de Masinloc, escalating harassment concerns for lawful fishing and resupply missions. India Mobility Disruption: Central Delhi saw major traffic jams after security curbs around protests led to closure of 17 Metro stations, snarling road and rail commutes. Rail/Logistics Business: CN and Union Pacific struck a deal to end CN’s opposition to UP’s Norfolk Southern merger, trading support for added U.S. Midwest network access. Aviation & Urban Air Mobility: India’s Skyroot Aerospace completed a successful private orbital launch test, while Chennai’s ePlane unveiled its e200X eVTOL prototype for ground testing and certified flight tests targeted for mid-2027. Cold-Chain Cargo: Envirotainer opened its sixth India station at Navi Mumbai International Airport to expand temperature-controlled air cargo capacity for pharma exports.