US–Iran Diplomacy: The US and Iran have agreed in principle to extend their 60-day ceasefire under Pakistan’s Islamabad MoU, with the current term due to expire Aug. 17; mediators say messages are still being exchanged on how long the pause will last. Energy & Trade Pressure: The IEA warns global oil stockpiles are tightening fast, with Hormuz reopening still uncertain as attacks and talks deadlock keep prices volatile. Hormuz Standoff: Iran rejects Trump’s “total control” claim, saying the Strait of Hormuz will stay closed unless Washington accepts Iran’s conditions; Iran says it is only discussing management with Oman. Red Sea Security: Saudi Arabia is building defensive maritime alliances to protect shipping amid Houthi threats, while US forces fired on a ship trying to evade the blockade of Iranian ports. Turkey’s Kurdish Peace: Turkey’s parliament passed a historic legal framework for PKK disarmament and dissolution, with partial amnesty provisions—an effort to end decades of conflict. Culture & Society: Doha Design District announced winners of a public art open call, moving selected projects into development for contemporary installations across Msheireb Downtown Doha. Religion & Community: Israel’s army surrounded Taybeh, the last fully Christian town in the West Bank, declaring it a “closed military zone” amid escalating settler violence.