Maritime Risk Shock: Iran says it has shut the Strait of Hormuz to all shipping, a move that could jolt oil prices and ripple through global freight via longer routes, higher insurance, and delayed deliveries. Real Estate Cost Pressure: A UAE-focused analysis argues the Hormuz disruption can feed into construction material costs and, over time, into property pricing—just not instantly. Trade & Logistics Policy: Bangladesh floated reforms to attract foreign investment in off-dock/ICD operations and air cargo, including easing foreign ownership limits and creating a legal framework for free trade zones. Transit Tech & Access: Kansas City reinstated bus fares with contactless payment and fare capping, while Mumbai’s BKC Public Transport Day highlighted last-mile gaps that push commuters toward app-based feeders. Public Transit Changes: Tulsa approved talks to sell its downtown bus station, and OC Transpo is retiring most double-decker buses as it shifts to electric fleets. Freight Finance: S&P affirmed RXO’s debt rating but kept a negative outlook, citing uncertainty over whether trucking price gains will last. Industrial Growth: GFH Bank and OCTO plan a $300m logistics and industrial real estate platform across the UAE and Saudi Arabia.