OPEC+ Oil Policy: OPEC+ approved a fourth straight oil output quota increase for July, adding 188,000 barrels per day despite the Strait of Hormuz still disrupting actual shipments—Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman agreed the hike as a “stability” signal while keeping flexibility to pause or reverse. Middle East Energy Shock: Separate reporting says OPEC crude output in May fell to the lowest in at least 37 years as Iran’s production and exports were hit by US blockade and Gulf disruptions, with Saudi output also down. Saudi in the Region’s Economy: A Bangladesh Bank report shows the UK overtook Saudi Arabia as Bangladesh’s top remittance source in May, while another report notes remittances from UAE, Qatar and Bahrain dropped sharply in early 2025-26 amid regional tensions. LPG Price Debate (India): India’s government defended a ₹29 per cylinder LPG hike as “inevitable” due to global supply constraints, saying domestic prices remain among the world’s lowest. Saudi Sports & Business: Saudi Arabia’s Al-Khaleej drew Al-Arabi 28-28 in Asian handball, while Saudi-linked aviation and logistics stories included Maersk launching a Northern Europe–Egypt shipping service and IATA naming Saudia an award winner for diversity and inclusion.