US-Iran Energy Truce: The US Treasury temporarily eased sanctions on Iranian oil for 60 days (through Aug. 21), authorizing production, delivery and sales after talks in Switzerland, with Iran also signaling commitments tied to Strait of Hormuz access and nuclear inspections—moves that helped push oil prices lower and ease supply fears. Nuclear Diplomacy Clash: US VP JD Vance reiterated Iran would allow IAEA inspectors back, while Tehran denied new nuclear commitments, keeping the final deal uncertain. Middle East Shock on LNG: Qatar’s Ras Laffan LNG hub saw a major gas-plant explosion—13 dead and 66 injured—described as a “technical accident,” with officials saying exports should remain unaffected. Oil-Flow Realignment in Asia: India is pivoting toward Russian crude and coal to offset Iran-war fallout and sanctions uncertainty, even as traders watch whether Middle East buying returns. Renewables & Grid Moves: Saudi Arabia’s SepcoIII hit a key milestone on a 600MW Al Ghat wind project, while Cambodia’s Chinese-backed grid operator continues expanding stable power and skills transfer. Solar Market Tweaks: UK Power Networks confirmed small wind can be added on the DC side to certain solar PV + battery setups, and a US trade petition seeks a probe into South Korea-routed solar cell imports. Local Power Reliability: Malawi reported easing outages after a recovery push, while storms in Delmarva left hundreds without power. Policy & Infrastructure: Malaysia discussed long-term oil, gas and diesel supply deals for logistics stability, and the Philippines’ LNG venture secured long-term parts and services support for a 1,278MW gas facility. Safety Incident: Two workers died in an explosion and fire at Dakshin Energy’s plant in Visakhapatnam’s Pharma City.