Yemen Water Security: Acting PM Mohammed Miftah pushed for a national water strategy to curb Yemen’s groundwater depletion, warning that excessive, largely unregulated pumping—often via solar-powered wells—threatens future water reserves. Public Works & Local Services: In Bani Hushaysh (Sana’a), the public works sector reported higher local revenues and road upgrades, including new street construction and flood-damage response efforts. Maritime & Shipping Pressure: As US-Iran tensions flare, shipping risk is rising around key chokepoints; tanker traffic through the Strait of Hormuz hit a two-month low, with operators increasingly cautious and some switching off AIS tracking. Red Sea Route Shifts: Maersk said it will resume another Red Sea service through the Suez Canal (WAF6), signaling a gradual return to the trans-Suez corridor after Houthi attacks disrupted Asia-Europe trade. Houthi Market Supply Signals: A new Iranian soft drink (“Mojtaba”) is reportedly flooding Houthi-controlled markets, reigniting debate among Yemenis and businessmen about blockade claims and smuggling routes. Yemen Conflict Outlook: Analysts warn Yemen may be entering a new fighting phase as fragile truce dynamics worsen, including disputes tied to an Iranian flight landing in Sana’a. Finance Shock in the Gulf: Reports say Saudi banks have delayed or blocked payments to UAE accounts since mid-May, raising fears that Gulf political tensions are spilling into business cashflows.