Hormuz Diplomacy vs. Bombing Plans: Iran says it has a “concrete” seven-day plan to reopen the Strait of Hormuz and restart nuclear talks, but reports say US President Trump rejected it and expects bombing to resume after November midterms, keeping the world’s key oil chokepoint in limbo. Market Mood: Oil prices slipped as traders weighed cautious hopes for US-Iran progress against renewed supply-risk fears. EU Energy Pressure: The EU warned of an energy price crisis tied to Iran-war fallout and urged steps to curb demand and protect gas storage. Saudi Security & Energy Routes: Saudi Arabia intercepted Houthi missiles and drones aimed at energy and cities, underscoring how Red Sea and Gulf tensions keep shipping and power risks elevated. Nuclear Watch in the Gulf: US intelligence assessments told lawmakers Saudi Arabia hasn’t ruled out nuclear weapons, intensifying scrutiny of expanded civilian nuclear cooperation. Aviation Sanctions Fallout: Iraq is in direct talks with the US to exempt some airports from sanctions on Iranian airlines for humanitarian travel, as flights remain suspended. Maritime Disruption Beyond the Gulf: Puntland forces rescued a US-sanctioned oil tanker hijacked by Somali pirates, highlighting persistent risks to regional fuel logistics. Regional Energy Projects: Azerbaijan opened a small hydro plant and laid groundwork for a textile-cluster facility, while its energy ministry outlined priorities including renewables, grid upgrades, and regional corridors.