Strait of Hormuz Logistics Shock: Global bodies warn the Middle East conflict is draining oil inventories at record pace, and fuel security risks rise if shipping flows don’t normalize ahead of peak summer demand. US-Iran Deal Standoff: Trump’s national security meeting ended without a decision on a draft 60-day ceasefire extension that would reopen Hormuz and ease some sanctions, while Iran says no final understanding is in place. Maritime Safety Guidance: Shipping groups issued new instructions for safe transit through Hormuz amid severe disruptions, urging fresh voyage risk planning. Energy Buffer Moves: India orders oil firms to build 30-day LPG reserves as West Asia tensions threaten supply routes; EU gas storage hits historical lows, raising winter security concerns. Regional Energy Storage Push: Kazakhstan signals openness to host Iran’s near-weapons uranium stockpile if a nuclear deal is reached, highlighting how storage and chokepoints are now central to logistics and security. Food & Storage Politics: India’s grain silo modernization faces scrutiny after an anti-monopoly safeguard was reportedly removed before contracts expanded Adani-linked participation. Infrastructure & Power Buildout: Nepal targets adding 1,040 MW to its grid via hydropower and solar, underscoring how power logistics underpins broader freight and supply chains.