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  1. 01

    IRAN

    Bad neighbours.

    Iran has just described its second consecutive night of missile and drone strikes (on Bahrain, Kuwait, and Qatar) as targeting “US bases and strategic centres” in response to US strikes. The unravelling of the fragile US-Iran ceasefire has sent oil prices back up into the high 70s. (BBC)

  2. 02

    INDONESIA

    Holding steady?

    The IMF’s latest world economic outlook has held Indonesia steady at a projected 5% growth this year, amid mildly slower global projections over Iran, energy, and policy uncertainty. (IMF)

  3. 03

    KENYA

    Dangote goes east.

    Nigeria’s Dangote oil giant has announced plans to build East Africa’s largest oil refinery in Kenya’s Lamu, using a mix of cash, bonds, and an IPO to finance the proposed 700k barrels-per-day $17B asset. The move follows Dangote’s successful (if late and pricey) new massive refinery in Lagos. (Forbes Africa)

  4. 04

    SAUDI ARABIA

    Gulf payments freeze.

    Businesses are reporting that the Saudi central bank has started randomly blocking payments to accounts based in the rival UAE. The bank itself denies this. (FT $)

  5. 05

    ALGERIA

    Apostille arrives.

    The Hague Apostille Convention officially enters force for Algeria today (Thurs), enabling the rapid certification of corporate and other public documents in lieu of the more lengthy, bureaucratic, multi-step alternatives. (APS)

  6. 06

    MEXICO

    You crossed a line.

    President Sheinbaum has announced Mexico is investigating whether the US violated its sovereignty during the 2024 capture of Sinaloa cartel boss ‘El Mayo’. (Mexico ND)

  7. 07

    UKRAINE

    Patriot production.

    To close the loop on yesterday’s NATO wrap, President Trump has agreed to grant Ukraine a license to make its own Patriot air-defence interceptors. Meanwhile, Ukraine’s ambassador to the UK (and popular former top commander) has published a spicy op-ed warning folks not to assume Russia has lost the war. (RFE)

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