Shipping & Security: US CENTCOM says it has launched fresh strikes on Iran to “degrade” threats to freedom of navigation in the Strait of Hormuz after attacks on commercial vessels, while Trump declares the ceasefire “over,” pushing oil prices up and raising new risks for tanker traffic. Liberia’s Maritime Role: A new report explains how Liberia became a shipping powerhouse largely through its open ship registry, with Liberian-flagged vessels among those reportedly targeted in the latest Hormuz escalation. Energy Policy: Liberia’s Mission-300 Energy Compact gets its first quarterly review, with officials citing progress on electricity access but flagging financing and implementation gaps; meanwhile LERC cuts LIBENERGY’s tariff by 12% and slashes new single-phase connection fees to expand affordability. Industrial Growth: LSEZA signs a contract for a Liberia Packaging Solutions Center to boost local filling, labeling and packaging for SMEs. Tax Reform: Liberia launches the Tax Expenditure Management Act of 2025 to tighten controls on waivers after customs-related tax expenditures hit US$353.3m in 2025. Mining Governance: Liberia’s Protect Our Resources Taskforce (PORT) begins operations to curb illegal mining, and lawmakers complete phase-two public hearings on Mining Law reforms. Fisheries Communications: NaFAA launches a One Media House and a five-year communication strategy to improve sector information flow. Justice & Trade Risks: Liberia’s $19m cocaine case continues as courts reject photocopied charge documents, while five people are charged after cocaine was found in cargo disguised as Maggi cubes.