Bank of Japan Tightens: The BOJ lifted its policy rate to 1.0%, the highest since 1995, citing faster pass-through from oil-price shocks and rising inflation risks; Governor Kazuo Ueda was absent due to hospitalization. Markets Watch: The Nikkei briefly topped 70,000 for the first time as investors took the hike in stride, with tech and export-linked shares leading the rebound. Middle East Trade Shock: Japan’s Mitsui O.S.K. Lines said Strait of Hormuz shipping won’t resume for weeks until the US-Iran deal is “material” in real conditions, warning normalization could take a month. G7/Allies Push: Prime Minister Sanae Takaichi toured Britain and Italy to deepen economic security and frontier tech ties, including offshore wind investment and nuclear/fusion cooperation ahead of the G7. Energy-Logistics Spillover: An analysis warns the Iran crisis is turning into a broader energy, shipping, fertilizer and food shock that could weigh on global growth through 2027. Tech & Media Deal: NTT Docomo and Wowow expanded their Lemino streaming alliance, aiming to scale content and distribution. Health/Business Innovation: Memphasys signed a national supply deal with Monash IVF to roll out its Felix automated sperm selection system across Australia.