Strait of Hormuz shock hits South Asia’s gas-hungry industry: Bangladesh’s textile sector is running up to 40% below capacity after a fire at one of its two LNG terminals cut supply to just over half demand, as Iran-related disruptions and a near-closure of Hormuz have also squeezed Qatar’s LNG deliveries. US-India energy trade risk: India’s energy security and costs are in focus after the US Senate passed a Russia sanctions bill that could enable up to 100% tariffs on countries buying Russian oil and gas, with analysts saying India’s macro impact may be limited but negotiations and fuel bills could still get harder. Iran export pressure: Iran’s Kharg Island oil terminal reportedly sat idle with no tankers loading for at least a week amid renewed US naval blockade, raising the odds of lower output and tighter Asian supply. Policy tightening near borders: India’s Home Ministry barred new renewable projects within 1 km of the LAC/LoC/IB, adding security screening for foreign-linked workforces and land transfers. Clean fuels push: India’s Solar Energy Corporation plans to deliver an extra 1 million tonnes/year of domestically produced green ammonia for fertilizer makers, building on signed purchase deals. Regional energy diplomacy: On ASEAN Day, India’s Jaishankar reaffirmed Act East ties with ASEAN, while ASEAN leaders stressed unity and energy security as West Asia tensions ripple across the region. Mobility electrification: India targets electric air taxis by 2028, with testing expected to accelerate next year.