US–Iran Energy Relief, But Not Instant: The IMF says a ceasefire is welcome, yet energy disruptions will take time to fade as infrastructure damage and inventory rebuilding keep pressure on prices. Markets Watch Hormuz: Oil slid toward a three-month low as investors bet the Strait of Hormuz will reopen, while the ECB warned energy shocks can linger and may not stop further rate hikes. Philippines Inflation Outlook: Nomura estimates each 10% oil-price drop could cut Philippine inflation by ~0.5 point, easing the import bill and current-account pressure. Energy Security Politics: The Philippines’ business leaders warn the country is too reliant on imported power and fear executives may exit if electrification support lags. Gulf Oil Logistics: Reuters reports the US has overseen secret ship-to-ship transfers near Fujairah and Sohar to keep exports moving. Grid Repair in Nigeria: Delta State begins tenders to rehabilitate and expand 33kV lines in Isoko and Ndokwa to restore power. Coal Rail Boost (India): Indian Railways approved a ₹755 crore Champa–Korba third line to raise freight capacity for coal-fired power corridors. Africa Clean Energy Financing: A report flags “sovereign ceiling” credit rules as a major barrier keeping renewable projects from getting funded. Solar Expansion (Europe): Nextpower launched a reimagined NX Gemini tracker system and expanded its solar portfolio for utility-scale projects.