Strait of Hormuz Shipping Deal: Iran and Oman are nearing a temporary arrangement to reopen Strait of Hormuz traffic, with reports suggesting Iran would control inbound routes and Oman outbound lanes, plus a “service fee” framed around environmental and security costs—though the US disputes whether any tolls or approvals would be needed. Biosecurity Risk at Sea: With roughly 1,500 ships reportedly stuck in the Strait since February, stagnant waters are fueling biofilms and marine growth on hulls; once voyages resume, there’s a real chance of spreading invasive species beyond the region. Energy Profits vs. Climate Scrutiny: BP reported Q2 profit of about $5.7bn, more than doubling year-on-year on Iran-war-driven oil and gas price spikes, reigniting backlash over “war windfalls” even as BP signals further exits from parts of renewables. Drought and Power Stress: Europe’s hydropower is sliding toward record lows as summer drought deepens, threatening electricity supply and raising wildfire and food-loss fears across multiple countries. Marine Food Supply: Saudi Arabia’s 2026 shrimp season has kicked off in the Eastern Region, with ports and markets ramping up under monitoring plans aimed at protecting marine resources. Water Infrastructure Under Cyber Threat: A coordinated cyber attack hit more than 30 Minnesota water utilities, with US investigators linking the activity to Iranian hackers—highlighting how conflict risks can spill into environmental services.