Middle East Oil Shock: Oil prices edged higher as investors weigh US-Iran diplomacy against renewed strike risk and Strait of Hormuz supply concerns, with Brent holding above $76/bbl. Ukraine-Russia Energy Pressure: Ukrainian drones hit Russia’s Taganrog oil terminal and Azov fuel depot, triggering fires and evacuations, while Kyiv’s broader attacks keep raising fuel disruption fears. IEA Cuts Russian Outlook: The IEA downgraded projections for Russian oil output after attacks on refineries, storage and transport, trimming supply forecasts for 2026-27. Gas Supply Disruption (Pakistan): Flood damage forced Sui Northern Gas to restore service to thousands of consumers across multiple regions, with repairs ongoing where infrastructure was washed out. Renewables Finance (India): REC signed an MoU with Tripura’s renewable agency to back projects worth up to INR 5,000 crore. Battery Circularity (India): LICO Materials and Ather Energy plan end-of-life lithium-ion collection and material recovery to strengthen India’s critical mineral supply chain. Grid Flexibility (Lithuania): Lithuania’s storage build-out accelerated, with battery connections surging and total storage on the grid reaching 0.7 GW. Local Energy Policy (US): Georgia’s gas tax suspension is blamed for a June revenue drop, highlighting how pump policy can ripple into state budgets.