Markets & Energy Shock: Oil jumped again as Trump said the U.S.-Iran ceasefire is on “life support” after rejecting Iran’s latest proposal, keeping the Strait of Hormuz risk front and center. KOSPI Pullback: Seoul’s tech-led rally cooled fast—KOSPI fell 2.29% Tuesday, snapping a five-day winning streak, with the won weakening and profit-taking hitting after record runs. US–China Summit Watch: Trump heads to Beijing with a big corporate delegation and hopes to keep trade stable, while Iran and Taiwan remain the pressure points. AI Profit “Citizen Dividend”: South Korea floated an idea to tax AI-related excess profits from chip giants and redistribute it via a “national dividend” plan. Product Safety Crackdown: The government will more than double safety inspections for overseas direct-purchase goods by 2028 and use AI to monitor online markets. Local Tech Moves: SKT’s passkey authentication platform earned top GS Grade 1 certification, while Samsung SDS is set to lead South Korea’s national AI computing centre consortium. Mobility & Medtech: Korean firms are pushing AI healthcare partnerships in the Middle East, and ELB&T’s Duqm EV project aims to build a wider green mobility ecosystem.