Central Banking: Oman’s central bank raised OMR26.9mn via treasury bills, issuing 91-day (OMR20.4mn), 182-day (OMR5.5mn) and 364-day (OMR1mn) paper with yields around 3.84%–3.96%, supporting bank liquidity. Hormuz Risk & Oil Markets: US and Iran resumed strikes after a month-long lull, with Washington hitting rocket launchers on Larak Island and Iran retaliating against US-linked bases in Jordan and claiming drone action in the UAE; the flare-up pushed Brent back above $90 and lifted diesel crack spreads toward $100. Maritime Disruption: Shipping through the Strait of Hormuz remains heavily constrained, with reports of tanker incidents near Oman/Khasab and renewed mine threats keeping transit cautious. Oman Business & Energy Support: Riyada signed an MoC with Nama Electricity to back SMEs via “Riyada Plus,” offering flexible payments and support to manage electricity arrears and reduce disconnections. Social Investment: Oman Chamber of Commerce and Industry’s Social Investment Forum urged a national framework for social investment, stronger partnerships, impact indicators, and financing tools for social enterprises. Regional Diplomacy: Gulf states told Washington US Iran sanctions are “unrealistic,” while Oman and Iran talks on a provisional Hormuz corridor continue amid US conditions. GCC Business Recognition: Oman won 11 awards at the GCC Smart Investor Award, highlighting growing participation across writing, photography, drawing and video.