Lloyd's List reports Iran has materially reduced fees for transits of the Strait of Hormuz. Current per-transit charges reach up to $120,000 for bulk carriers and $160,000 for tankers, with rates varying by vessel type, cargo and owner nationality. That contrasts with charges of roughly $1-2m per vessel at the start of the conflict.

HONG KONG GOVT Financial Secretary Paul Chan said the AI+ and Industry Development Strategy Committee, announced in the budget, has been formed. Membership includes experts, academics and representatives from chambers of commerce, corporates and industrial park operators; the panel will meet for the first time this month. The committee will initially focus on healthcare and embodied intelligence and will study AI application strategies across transport, cultural and creative industries and sustainable development.

Iran’s ambassador to Mexico, Pasandide, said the national football team has been told it must enter and leave US territory on match days during the World Cup. Citing a US and Israeli war on Tehran, Pasandide said the team is now based in Mexico instead of the originally planned Tucson, Arizona; visa rules allow morning entry but require same‑day departure. Iran has three group matches in the US, scheduled in Los Angeles and Seattle.