Mideast Oil Risk: Iran says it has formally handed Washington a proposal to reopen maritime traffic through the Strait of Hormuz within seven days, aiming to avert a wider oil shock. Market Pulse: Oil prices eased on truce hopes, with Brent around $106 and WTI near $94 as investors also weighed US–China talks. Ukraine Energy Attack: A Russian drone struck a vehicle carrying energy workers in Odesa, killing one and injuring another. Clean Power Deal: NTPC and EDF Power Solutions signed a 50:50 JV to develop pumped storage, hydro and other low-carbon projects across India and neighboring markets. Nuclear Hurdles: A push for AI-linked nuclear power is running into cost and regulatory barriers. Renewables + Grid: ESR agreed to acquire Aquila Clean Energy APAC, adding a 1.6 GW renewables and storage portfolio across Asia-Pacific. Hydro Flexibility: The NTPC–EDF JV targets flexibility solutions aligned with India’s pumped storage buildout goals. Geothermal Milestone: Google-backed Fervo Energy reached first power at up to 900MW at its Cape Station geothermal plant in Utah. Oil & Gas Expansion: Kenya’s first commercial drilling moves ahead as a rig arrives in Mombasa for deployment to the South Lokichar Basin. Energy Security/Policy: UN Security Council condemned Houthi attacks on Saudi energy infrastructure. Local Fuel Snapshot: US retail fuel reports show continued regional variation, with GasBuddy listing the week’s lowest prices in multiple counties.