Oil & Gas Markets: Oil prices slid toward pre-Iran-war levels as shipping resumed through the Strait of Hormuz and tankers began moving again, with Brent near $79 and WTI around $75, while OPEC kept demand growth forecasts elevated. US-Iran Energy Diplomacy: US officials said Iran will invite IAEA inspectors and disclose enriched-material locations, as the interim framework eased supply fears and helped lift risk sentiment in Asia. Power Costs in the Philippines: Visayan Electric warned June power rates will rise on tight supply in the Visayas grid, higher WESM generation charges, currency pressure, and global fuel costs. Nuclear Policy in the Philippines: The Department of Energy is preparing a circular to give nuclear developers clearer investment recovery perks, aiming to support a first project by 2032. Renewables for Resilience (Philippines): After Mindanao’s 7.8 quake, a 6-kilowatt solar system restored water pumping and limited electricity for thousands in Glan, plus solar phone-charging stations. EV Push (Sri Lanka): Sri Lanka’s energy minister says expanding EV use and renewable-powered charging could cut billions in fossil-fuel import spending. Coal Gasification (India): India is moving from plans to execution with Rs 65,000 crore coal gasification projects to boost energy security and reduce import dependence. Grid Reform for AI (US): FERC moved to speed grid hook-ups for data centers, while regulators also pushed reforms to protect electricity ratepayers. Energy Transition Scorecards (WEF): The WEF’s Energy Transition Index showed global readiness slipping for the first time in a decade, but India improved sharply to rank 70th. Solar in Rural Africa (Nigeria): Katsina approved solar-powered lighting for Tsangaya schools across 361 wards. Tidal & Biogas Growth: Market reports project tidal energy to reach $8.6B by 2033 and biogas to hit $88.6B by 2032, driven by clean-power demand and waste-to-energy investment. Security & Environment (Russia): A Ukrainian drone strike hit Moscow’s oil refinery, triggering “black rain” reports and airport flight suspensions.