Inter-Korean Security: South Korea will ease civilian access near the DPRK border by shrinking the Civilian Control Line to an average of about 6 km from the MDL starting in 2027, with parts of restricted zones downgraded and some approvals streamlined via a mobile app. Politics in Seoul: A special counsel has asked for an 18-month prison term for Seoul Mayor Oh Se-hoon over alleged illegal political funds tied to opinion polls in the 2021 by-election, as opposition party infighting over a local election “redo” continues to spark protests at a ballot-counting site. Markets & Inflation: The Bank of Korea warned inflation may stay high for a while amid Middle East tensions, while South Korean stocks hit a new high on a chip-led rally as oil prices slid on optimism around a US-Iran interim deal. US-Iran Deal Ripple: Leaders at the G7 backed the US-Iran framework aimed at reopening the Strait of Hormuz, boosting risk sentiment even as details remain thin. Tech & Industry: A startup backed by ex-Google CEO Eric Schmidt unveiled an AI industrial robot, partnering with LG CNS for industrial deployments, while BYD said it will launch its first plug-in hybrid in Korea later this month. Tourism & Culture: Foreign tourist spending in Korea hit a record in May, and Seoul is set to roll out more World Cup-era public experiences—from tap-water promotions to travel retail collaborations. Sports: South Korea’s World Cup campaign stays in focus after a late comeback win over Czechia, while volleyball’s Kang Sohwi helped deliver South Korea’s AVC Women’s Cup title.