Strait of Hormuz Disruption: Strait traffic stayed unusually light as hopes for a U.S.-Iran settlement faded, with crossings dropping to six vessels on Monday versus an 10-day average near 11, underscoring ongoing shipping risk. Jones Act Waiver: Trump extended a 90-day Jones Act waiver letting foreign ships haul certain energy and agricultural goods between U.S. ports, aiming to keep fuel and other critical supplies moving. U.S.-Iran Talks: Vice President JD Vance said Washington has made “some” progress in talks but warned Tehran must prove it can deliver longer-term changes. Security Theater Claims: Iran’s top negotiator criticized Trump’s “theater diplomacy” after Trump said an attack was called off amid talks to reopen Hormuz. Port Volumes: U.S. container imports rose in July (2.5M TEUs, up 4.5% month-to-month) but were down year-over-year as peak-season momentum eased. Navy Logistics: USS Essex completed in-port LCAC ship-to-shore operations at JBPHH, moving Marine equipment directly to Ford Island. Aviation/Infrastructure: FAA issued new guidance for powered-lift eVTOL safety levels as regulators and Europe keep diverging. Business & Tech: VinSpace signed a SpaceX contract for its first satellite launches in 2027, while MaxLinear expanded AI rack power protection and control offerings. Workplace Safety: A U.S. Chemical Safety Board report said a deadly U.S. Steel Clairton Coke Plant explosion “should never have happened,” citing multiple preventable safety failures.