Egypt–Italy Energy Push: Egypt’s Petroleum Ministry signed a memorandum of principles with Eni to renew the Port Fouad Offshore Development Area, aiming to keep existing offshore infrastructure running while making the block more attractive for new exploration and investment. Egypt’s Currency & Energy Link: Bloomberg reports the Egyptian pound surged to become the world’s top performer versus the dollar, helped by falling global oil prices after the US–Iran deal easing Strait of Hormuz supply fears and by exchange-rate reform steps. Egypt Investment Drive: Egypt formed a joint committee between the Investment/Foreign Trade and Petroleum ministries to unlock financing for strategic energy projects, with GAFI and commercial services involved. Green Hydrogen in Jordan: Jordan’s cabinet approved a land-use agreement with China’s UEG to advance feasibility work for a green hydrogen project, building on earlier MoUs and a broader push for clean energy investment. Cyber & Gulf Security: ESET flagged China-aligned cyberespionage activity reaching the Gulf region, while regional firms are urged to strengthen cyber defenses. Markets Watch Fed: US stocks swung lower after Fed projections under new chair Kevin Warsh showed many policymakers backing possible rate hikes this year—an environment that can feed into energy and climate-related costs. Food & Fertiliser Pressure: EU lawmakers fast-tracked temporary CAP flexibility to help farmers absorb higher fertiliser prices tied to Middle East geopolitical and energy shocks. Strait of Hormuz Recovery Signals: Maritime tracking says Hormuz traffic is near pre-deal levels, with signs of transponder reactivation among sanctioned Iranian-linked tankers.