Middle East War’s Economic Shock: Four global institutions (IEA, IMF, World Bank, WTO) warn the conflict is hitting energy, food and jobs hardest in vulnerable countries, with fertilizer costs raising risks for planting seasons. Iran–US Tensions and Hormuz Disruption: CENTCOM says it struck Iranian coastal radar sites after intercepting drones and missiles near the Strait of Hormuz, as the wider exchange keeps pressure on regional shipping and livelihoods. US–Iran Talks Complicated by Spying Claims: Reports say US intelligence is alarmed by intensified Israeli efforts to eavesdrop on senior US negotiators tied to an Iran deal, with a counterintelligence threat level reportedly raised to “critical.” Lebanon Frontline Escalation: An Israeli strike killed three Lebanese soldiers despite a conditional truce framework, while Hezbollah rejects the terms and accuses Lebanon’s leaders of surrender. Iraq Jobs via Infrastructure: The World Bank backs a $900m road upgrade push to improve transport safety and reliability, aiming to create employment and support trade corridors. Saudi Construction Boom: JEC Tower in Jeddah reaches 102 floors, signaling continued large-scale hiring demand in construction and engineering. UAE Tourism Shift: Dubai luxury hotels increasingly rely on residents’ staycations as war-related travel downturns keep international visitors away. Crypto Sanctions Tighten: OFAC designates Iranian dark-fleet-linked crypto firms, adding friction to payments tied to sanctions evasion and Gulf shipping. Israel Politics and Integrity Debate: Editorial coverage targets Israel’s state comptroller election process, arguing it undermines watchdog independence. US Hiring Snapshot for Job Seekers: US employers posted fewer mass layoffs in May while adding 172,000 jobs and keeping unemployment at 4.3%, though hiring remains uneven by sector.