Maritime Security & Trade Costs: The U.S. says it is reinstating an Iranian port blockade and branding itself “Guardian of the Hormuz Strait,” while proposing a 20% cargo fee for ships transiting the Strait—an escalation that follows Iran’s warning shots and a strike on a Cyprus-flagged container ship, with shipping traffic reportedly dropping about 52% as operators shift to defensive routes. EU Sanctions & Cyber Risk: The EU and UK move together on Russia-linked cyber sanctions, targeting a Russian FSB “ecosystem” including the Turla-linked Centre 16, with Cyprus named among affected countries—raising compliance and security pressure for regional operators. Energy Diplomacy: EU foreign policy chief Kaja Kallas urges Turkey to respect Cyprus’ sovereignty after a Turkey–TRNC gas pipeline deal gains momentum, while Cyprus’ ministry says it will denounce the agreement as illegal. Recovery Funding for Industry: The European Commission approves Cyprus’ next €120m Recovery and Resilience Facility payment, tied to healthcare, education, public administration, business environment reforms and greener economy investments. Local Industry Watch: Keo is awaiting final approvals for a €50m Limassol distribution and spirits bottling centre, with delays already inflating construction costs. Business & Jobs: Limassol’s chamber highlights its role during the EU presidency, while a gender-equality push gains traction via Evel and the Gender Equality Commissioner.