Strait of Hormuz Watch: Oil shipments through Hormuz jumped after a US-Iran ceasefire, with tankers resuming transponders and crossings rising, though traffic is still far below pre-conflict levels—keeping Asia’s supply chain nerves on edge. India Energy Security: A CEEW study says India’s energy risk goes beyond import volumes, pointing to concentrated suppliers, shipping-route exposure, refinery constraints, and affordability/reliability stress across households and industry. Reliance Strategy: At its AGM, Mukesh Ambani laid out a plan to convert all crude into chemicals and advanced materials, while scaling AI, satellite connectivity, and clean energy—plus KG-D6/CBM output nearing a third of gas supply. Grid & Renewables Buildout: Tata Power mapped a Mumbai roadmap to cut coal dependency by 2029 and lift clean energy to 70% by 2031, as demand is forecast to rise 6–7% in FY27. Regional Deals: Nepal began larger electricity exports to India and Bangladesh with monsoon-driven flows; Kenya opened talks with India on oil exploration and drilling; Malaysia and Turkmenistan deepened energy ties via Petronas-linked cooperation. Defense Power Tech: Bharat Forge won a ₹425 crore MoD contract for 12 marine gas turbine generator sets for the Indian Navy, boosting indigenous maritime power capability. Energy Transition Momentum: WEF’s Energy Transition Index says global progress is losing steam, while India’s readiness improved—though energy security is the only area slipping.