G7 Sanctions & Energy Shock: G7 leaders in France pledged stronger sanctions on Russia, including oil and gas, while backing a US-Iran framework aimed at reopening the Strait of Hormuz—an update that’s already pushing oil prices lower and reshaping shipping and logistics risk for Asia. US-Iran Investment Push: Reuters reports a $300bn private investment fund tied to the Iran deal, with more than half already committed, targeting energy, logistics, manufacturing and transport (no government grants). Korea Jobs & Sectors: South Korea plans tailored job support for manufacturing, construction, agriculture and fisheries as the economy absorbs Middle East-linked uncertainty and job losses. Pension Reform Paused: A stock rally has delayed Korea’s national pension depletion timeline, putting pension reform politics back on hold. AI Infrastructure in Seoul: Hyosung and ST Telemedia Global Data Centres opened STT Seoul 1, a 30MW hyperscale data center, as Korea prepares an AIDC law to speed regional AI data centers. Semiconductor Supply Chain: POSCO completed Korea’s largest electric arc furnace and launched a rare gas plant to support low-carbon steel and semiconductor-linked materials. Housing Watch: Daewoo E&C starts sales for 1,032 homes in Jangwi New Town, a major Seoul redevelopment push.