Oil & Shipping Shock: Brent pushed toward $110 after Saudi shut its East-West pipeline following drone attacks, with repairs expected to take weeks and analysts warning up to 4% of global supply could be at risk if outages linger; tanker rates also hit record highs as Hormuz bottlenecks tighten. APEC Energy Security: APEC ministers in Beijing urged stronger energy security as electricity demand could nearly double by 2060, with AI data centres already driving faster load growth and ministers calling for grid resilience and efficiency. Asia Power Trade (Nepal): India approved electricity exports to Nepal for up to 18 hours a day through Dec 31 (up to 654 MW), after floods damaged hydropower and forced Nepal to import. Nuclear Investment (Japan–US): Japan’s $550bn US push is set for another SMR tranche, targeting new US nuclear capacity to support power needs tied to AI competition. Batteries & Grid Buildout: Gotion won a 6 GWh Saudi energy storage order, while Japan’s Nozomi Energy reached financial close on a Japan BESS project. Markets Mood: Oil strength and AI slowdown worries pressured tech stocks and lifted bond yields, feeding broader inflation and rate concerns across Asia. Regional Industry Linkages: Malaysia’s PM Anwar urged India–Malaysia synergy in E&E and semiconductors, with renewable energy and AI among the sectors highlighted. Africa Refining Finance: Nigeria’s Dangote launched an IPO to raise $1.6bn to expand refinery capacity, aiming to turn the asset into a retail-backed, continent-scale play.