OPEC+ Supply Watch: Oil slipped as OPEC+ agreed to lift August output targets by 188,000 bpd, while traders weighed improving Gulf exports through the Strait of Hormuz against still-fragile US-Iran talks and lingering shipping uncertainty. Hormuz & Iran Risk: Markets also tracked Iran’s week of mass funeral processions for Ayatollah Ali Khamenei, with Strait of Hormuz traffic and supply expectations tied to whether tensions ease. Egypt Rates & Resilience: Egypt’s central bank is expected to hold interest rates steady on July 9, with analysts pointing to rising net international reserves and a steadier external position despite regional conflict risks. Egypt Solar for Industry: Egypt is reviewing a UNDP-backed $150m solar push for state-owned industrial sites under an IPP model, aiming to cut operating costs and ease grid pressure. Oilfield Tech: IIoT adoption is accelerating across oil and gas, with AI and digital twins highlighted for remote monitoring, predictive maintenance, and faster production optimization. Turkey NATO Tensions: Turkish police detained 100+ anti-NATO protesters ahead of an Ankara summit, underscoring how regional politics can spill into energy and logistics sentiment. India Gas Security: India is moving to build its first strategic natural gas storage system to reduce vulnerability from LNG import disruptions, with much of supply linked to the Middle East Gulf.