US-Iran Truce and Nuclear Talks: Washington and Tehran announced a framework peace agreement to end months of conflict, with a formal signing set for June 19 in Geneva and a 60-day window for deeper negotiations on sanctions relief and Iran’s nuclear file—though key details like uranium enrichment and verification remain unclear. Regional Security and Energy Shock: Analysts warn the wider Gulf fight has already warped global energy, shipping, fertilizer, food, and financial systems, with normalization likely to take months or years even if hostilities ease. Israel’s War Weariness: Israeli society shows growing frustration as repeated mobilizations and cross-front attacks become routine, adding pressure to airports and civilian life. Global Peace Funding Gap: A new Peace Index flags record levels of state-based conflicts and says spending on peacebuilding and peacekeeping is far too small compared with military outlays. South Asia Political Realignment: In India, 20 rebel TMC MPs merged with the little-known NCPI and signaled NDA alignment, raising stakes for parliamentary arithmetic and constitutional votes. EU-Russia Sanctions Clash in Sri Lanka: The Russian embassy escalated public criticism of EU sanctions claims, turning the dispute into a broader fight over economic narratives. Climate Finance Push: UN climate chief Simon Stiell urged political support for a $1.3 trillion-a-year roadmap to turn climate pledges into projects. UK-Japan Economic Security Deal: Starmer and Takaichi agreed a landmark £18bn package focused on infrastructure, offshore wind, and next-gen defense cooperation. Bangladesh Market Recovery: Bangladesh’s capital market posted its strongest run since the 2024 political upheaval, as investors cautiously hope to shed the “casino” reputation.