FORT LAUDERDALE, Fla.—The National Hurricane Center said Fred regained its tropical storm status in the Gulf of Mexico early Sunday as parts of the Caribbean were gearing up for impacts from Tropical Storm Grace. Fred was forecast to move across the Gulf before reaching the coast Monday night or Tuesday morning, forecasters said. They said people from Alabama to the central Florida Panhandle should monitor the system’s progress. A tropical storm watch was issued from the Alabama/Florida border to Ochlockonee, Florida. Fred’s maximum sustained winds stood at 40 mph (65 kph) Sunday morning. Anticipating Fred, Florida Gov. Ron DeSantis declared a state of emergency for the state’s Panhandle region. And Alabama Gov. Kay Ivey issued a statement Saturday saying her administration was monitoring the weather and “will be ready to act from the state level if needed.” Fred’s remnants were located early Sunday about 350 miles south-southeast of Pensacola, Florida, …