Hormuz Shock Escalates: NATO is reportedly weighing naval support to help commercial ships transit the Strait of Hormuz if disruptions drag into early July, as the route handles about one-fifth of global oil and LNG shipments and the blockade risk is now feeding directly into energy and food fears. Retail Supply Chain: Target appoints Jeff England as EVP and chief global supply chain and logistics officer, tasking him with improving inventory availability and the in-store shopping experience. Gifting Logistics Goes End-to-End: Sendoso buys Merch to add a global branded-merch production network, aiming to speed fulfillment and cut costs. Maritime/Trade Projects: Nigeria’s Dangote team engages host communities ahead of the Olokola Deep Seaport takeoff, while FedEx expands its Clark gateway in the Philippines to boost cross-border cargo capacity. Security & Trade: The US approved a $4.2bn helicopter sale to South Korea; Indonesia secured $60.3m in food trade deals with China. Food Supply Watch: Pakistan says there’s no wheat shortage, while the UK warns the world is “sleepwalking into a global food crisis” as fertilizer shipments get hit.