Middle East Risk Premium: Oil jumped again as the Strait of Hormuz faces renewed strain, with reports of US-Israel planning strikes on Iran’s energy infrastructure and tankers forced to reroute; Brent settled around $90 and WTI near $84 after a big July gain. Ukraine Fuel Infrastructure Under Fire: Russian drone attacks hit gas stations, including a Mykolaiv strike that injured a child and others, while Ukraine says it struck three major refineries deep inside Russia. Europe Power Crunch: Hungary is preparing electricity restrictions after Danube water levels forced Paks nuclear output down sharply, raising the risk of a full shutdown. Regional Oil Flows: Iraq and Türkiye signed a one-year deal to keep the Iraq-Türkiye crude pipeline moving to Ceyhan at 750,000 bpd. India Offshore Push: India’s Cabinet approved the ₹84,084 crore “Samudra Manthan” offshore exploration scheme through FY2030-31. Permitting Reform: Multiple reports highlight permitting changes aimed at lowering energy costs. Flood Recovery Watch: Odisha says power has been restored to 93% of flood-affected consumers, with remaining pockets facing access delays. Renewables at Home: Lucknow and parts of Uttar Pradesh lead rooftop solar rankings, while Bangladesh launched home backup inverter and battery solutions. Energy Security Debate: EU civil society calls for a common energy storage strategy to boost sovereignty and reliability.