Strait of Hormuz & Oil Markets: Iran says it will not meet U.S. envoys in Doha, pushing talks into indirect, mediator-led technical tracks and reviving supply-risk jitters; a foreign container ship also ran aground in the strait after allegedly not following Iran’s approved route, underscoring how quickly shipping rules are shifting. Shipping Fees Fight: Iran and Oman are moving ahead with plans to collect Strait of Hormuz transit fees despite U.S. objections, even as a 60-day “no charge” interim arrangement is supposed to keep trade flowing. Deal Scrutiny & Human Rights: A UN rights expert warned the U.S.-Iran MoU risks sidelining human rights accountability, while the framework is framed mainly around military de-escalation, Hormuz reopening, and nuclear-related commitments. Iran’s Oil Exports & Frozen Assets: Iran’s parliament chief Mohammad Baqer Ghalibaf said exports have resumed after the U.S. naval blockade was lifted, with more than 40mn barrels shipped, and claimed $12bn of assets will be placed at the central bank’s disposal with broad use. Business & Consumer Impact: In the UK, house prices were flat in June as Middle East-driven energy uncertainty weighs on sentiment; in global markets, investors stayed cautious on the Iran talks while oil and gold swung on rate-hike expectations. Regional Trade Ripple: Pakistan’s economy and regional security remain tightly linked to the Iran war’s fallout, while Afghanistan’s trade routes and border livelihoods continue to feel the pressure and the occasional reopening. Local Border Economy: In Pakistan’s Kech district, informal trade via the JALAGI crossing point is set to resume in July after 18 months of closure, with talks involving Iranian authorities and Frontier Corps support.