Strait of Hormuz Logistics Shock: The U.S. says pipelines could make Hormuz “irrelevant,” but analysts warn infrastructure won’t replace shipping capacity fast enough, keeping prices pressured. Iran, meanwhile, is drafting conditions for reopening and discussing a temporary corridor with Oman, while regional powers push for an off-ramp as mine and tanker risks persist. Fuel & Storage Policy: Romania is moving to authorize permits for emergency petroleum reserves, aiming to tighten standards and reporting. Energy Infrastructure & Security: Trump’s national emergency targets foreign-made equipment for the U.S. power grid, with restrictions that also reach inverters and battery storage systems. Trade Route Economics: Panama Canal passage is getting pricier as drought and congestion bite; SK Gas reportedly paid a record auction price for LPG transit. Regional Trade Corridors: Azerbaijan is boosting the Middle Corridor’s role with rising Port of Baku transshipment volumes and more cargo tracking across rail and sea links. Logistics Business Moves: UPS is expanding healthcare logistics with a $2bn+ push, while Nigeria targets $12bn investment to scale its halal economy, explicitly including logistics. Asia Real Estate Demand: India’s office market stays resilient as GCCs drive leasing, supporting logistics-adjacent demand for institutional-grade space. Ports & Disruption: Port congestion is worsening in container shipping, adding to the cost of keeping routes open.