Oil & Shipping: Oil prices pushed higher as Strait of Hormuz reopening stayed uncertain, with Iran saying a deal with Oman is near but the US must meet other conditions; markets also tracked fresh Middle East shipping risk after reports of another tanker incident near Oman. Power & Renewables (India): India hit a clean-energy milestone with non-fossil installed capacity at 300.50 GW (solar 164.59 GW, wind 58.14 GW, hydro 57.24 GW, bio 11.75 GW, nuclear 8.78 GW), while SECI’s round-the-clock renewables tender cleared at a record low of INR 5.25/kWh for 1 GW with storage-backed firm supply. Energy Storage (China): HiTHIUM rolled out production for a long-duration energy storage industrial park in Heze, aiming to scale manufacturing across cells to systems. Markets (Asia-Pacific): Asian shares were mixed-to-firm as Wall Street strength met oil-driven caution; China’s July inflation cooled (CPI +0.5% y/y) as oil’s impact faded. Policy & Trade (US-India): India faced renewed tariff pressure after a US Senate move targeting Russian oil buyers, raising concerns for energy costs and inflation. Weather Disruption (China): Typhoon Dolphin battered eastern China, triggering hundreds of flight cancellations and transport suspensions, with heavy rain and flood alerts continuing. Regional Diplomacy (ASEAN): ASEAN leaders marked 59 years with renewed calls to keep “centrality” and unity as the region navigates conflicts, climate risk, economic uncertainty and AI. Critical Minerals (Australia/US): An Australian scandium miner surged after indications of potential US support for critical minerals projects.