Iran Pressure Playbook: US VP JD Vance says the Trump administration has “all options” to deal with Iran, including economic, military, diplomatic and covert pressure, while warning the Strait of Hormuz remains a flashpoint for energy markets. Sanctions Push: Treasury’s “Operation Economic Outcast” is framed as working to isolate Iran financially, with Vance pointing to Gulf and other countries’ private support even as China keeps trading ties. China-Egypt Pivot: Xi’s Cairo visit calls for a new Middle East security architecture and deeper cooperation with Egypt, including data centers, semiconductors, critical metals and more local-currency trade—seen by analysts as a bid to dilute US influence. Middle East Risk Premium: Oil prices stay sensitive to escalation; Dubai gold rebounds as investors price higher geopolitical risk and shipping disruption. Iraq Finance Watch: Iraqi lawmakers warn weapons-control delays could trigger tougher international pressure and threaten salaries and the economy if oil exports or access to the financial system are disrupted. UAE Capital Markets: Egypt’s cabinet approved up to $3bn in international bonds for FY2026/27, aiming to widen funding options and reduce refinancing exposure. Cyber Bounty: US offers $10m for information on an IRGC cyber official, targeting alleged attacks on critical infrastructure including energy and financial systems. West Bank Fallout: Multiple reports highlight renewed settler and Israeli army violence, alongside UN and rights-group calls tied to annexation and displacement—adding political risk for regional finance.