Canada-Philippines Energy Links: President Ferdinand Marcos Jr. and PM Mark Carney signed a joint declaration of intent on energy and natural resources, plus labor, tourism and cultural MOUs, reinforcing Manila–Ottawa cooperation. Ukraine-Russia Energy Attacks: Ukraine struck Belgorod energy infrastructure, damaging substations and a thermal power plant and triggering electricity and water outages. Middle East LNG Pressure: Japan cut gas-fired generation and leaned more on coal as Strait of Hormuz disruptions tightened LNG supplies. Oil Market Mood: Oil prices were little changed ahead of the US holiday as traders weighed peace hopes against ongoing Hormuz uncertainty. Strait of Hormuz Shipping Rules: Iran warned tankers to use approved routes or face a forceful response, keeping global shipping risk elevated. Clean Fuels Deal: ACME and Mitsubishi Gas Chemical agreed on about 100,000 tonnes/year of green methanol for marine use in a deal valued around $1B. Solar Standards in China: China issued mandatory PV energy-consumption and efficiency standards taking effect Jan. 1, 2027. Africa Critical Minerals Reality Check: A McKinsey report says fewer than 1 in 10 critical-mineral projects in Africa have moved beyond feasibility despite huge reserves. Grid + Data Centers Debate: Power equipment stocks slid after India allowed more Chinese firms into critical power tenders, amid rising demand tied to data centers. India Biofuels Defense: India’s petroleum minister backed ethanol blending while citing fuel-supply stability and large under-recovery costs. Canada Pipeline Push: Pembina and partners advanced plans for a major Alberta-to-West Coast crude pipeline to expand Asian market access.