Gulf Security Escalation: The US and Iran traded fresh strikes in the Gulf despite a ceasefire, with CENTCOM saying it intercepted six Iranian ballistic missiles aimed at Kuwait and Bahrain and shot down four one-way drones toward the Strait of Hormuz, then hit Iranian coastal surveillance radar sites on Qeshm Island and in Goruk. Local Fallout in Bahrain & Kuwait: Kuwait reported air-defence interceptions after new missile/drone attacks, while Bahrain sounded an air-raid alert and urged residents to shelter; both sides traded claims, including Iran denying damage to US Fifth Fleet headquarters in Bahrain. Business & Trade Risk: Bahrain Chamber board member Sonya Janahi warned that the widening regional instability could wipe out about 36 million global jobs by 2027, stressing pressure on trade, investment, energy and labour markets—especially SMEs. Legal/Finance Watch: A Bahrain High Court ruling backed Awal Bank’s liquidator, rejecting $2.8bn in contested claims and finding connected parties owe the bank $2.56bn. Aviation & Tourism Push: Bahrain’s transport minister backed a low-cost airline model via partnerships with carriers like AirAsia and coordination with Gulf Air to add destinations and boost passenger traffic. Environment & Community: Bahrain marked World Environment Day with beach clean-ups and recycling drives, while Japan-Bahrain talks in Tokyo focused on energy, industry and climate resilience cooperation.