US-Iran Peace Breakthrough: Pakistan’s PM Shehbaz Sharif says the US and Iran have electronically signed the “Islamabad Memorandum of Understanding,” with immediate steps to reopen the Strait of Hormuz and lift the naval blockade, while a Geneva ceremony is set for Friday with Pakistan and Qatar. Foreign Policy & Diplomacy: Ishaq Dar discussed Pakistan’s mediation role with Canada’s FM Anita Anand, as global leaders and regional partners react to the deal. Economy & Energy Relief: Petroleum minister Ali Parvaiz Malik says global oil-price gains should be passed to the public, with a transparent weekly fuel-pricing formula in the works; Pakistan is also weighing a potential petrol cut. Finance & Markets: ADB approved a $700m policy loan to reform Pakistan’s insurance sector and expand coverage; PSX climbed back above 181,000 points; Karachi Port froze a proposed 5% tariff hike for FY2026-27. Local Governance & Courts: LHC barred Punjab from further action over Ewing Hall after the FCCU takeover dispute; IHC ordered arrangements for Imran Khan and Bushra Bibi to meet legal counsel within seven days in the £190m case. Security & Society: Karachi police nabbed a bank robbery suspect with Rs1m head money; Muharram gatherings in Islamabad will be digitally monitored via drones and geo-tagging. Tech & Industry: IT exports crossed $4bn for the first time; PCB unveiled a revamped central contract structure with higher pay; BYD met Finance Minister Aurangzeb to push EV localisation. Weather & Public Life: Pre-monsoon rains began across Pakistan, with heavy downpours reported in parts of Punjab and KP.