Middle East tensions appear to be de-escalating as a pause in hostilities between U.S. and Iranian forces prompted a 5% drop in oil prices, with CENTCOM leadership questioning the efficacy of continued airstrikes. Elsewhere, the geopolitical and financial landscape in Asia shifted significantly: the Monetary Authority of Singapore delivered a surprise policy tightening, while the abrupt resignation of Indonesia’s central bank governor created fiscal uncertainty. Concurrently, China’s CXMT saw a blockbuster 500% stock debut, even as the U.S. grapples with Chinese export restrictions on critical AI components. In other developments, a suspect was killed following a deadly van attack at a Berlin pride parade, and former Honduran President Juan Orlando Hernández returned to face corruption charges. A Category 4 hurricane, Genevieve, continues to track in the Pacific without threatening land.