Tensions across West Asia are escalating with a fresh maritime incident in the Strait of Hormuz, as Iran’s IRGC says it struck a Togo-flagged oil tanker after accusing the vessel of attempting an “illegal passage” through the strategic waterway. Iranian state media said the tanker, identified as the Trend, caught fire and was forced to stop. Independent confirmation of the circumstances surrounding the reported strike, including details about the crew, cargo and exact location, remains limited. The latest Hormuz incident comes amid continuing disruption to commercial shipping in one of the world’s most important energy corridors. The developments have raised concerns over the security of another critical regional shipping route and the potential impact on global oil supplies. WATCH

Nepal has formally approached the UN-backed Fund for Responding to Loss and Damage (FRLD) for urgent financial support following devastating floods and other disasters. Foreign Minister Shisir Khanal said Nepal is seeking around $20 million in immediate assistance but warned that the country's rehabilitation and reconstruction costs could run into billions of dollars. The appeal comes as Nepal struggles to recover from widespread destruction caused by severe flooding, which damaged infrastructure, disrupted communities and created a massive rebuilding challenge.