OPEC+ Oil Policy: Seven OPEC+ producers agreed to lift September output quotas by 188,000 barrels per day, completing the unwind of earlier voluntary cuts, but analysts warn the market impact may be muted while the Strait of Hormuz stays constrained. Middle East Energy Risk: OPEC’s monitoring committee flagged attacks on energy infrastructure and shipping routes as a direct driver of volatility, stressing repairs are costly and slow. Ukraine Energy Attacks: Ukraine’s unmanned forces reported striking 13 more power facilities in occupied areas, while Kyiv also claimed long-range hits on Russia’s Saratov oil refinery and the Engels airbase. US/Israel-Iran Threats: Reports say Trump and Israel are weighing strikes on Iran’s energy infrastructure, prompting Tehran to publish a Gulf-wide target list that includes major oil and LNG assets. Europe Grid & Pipelines: Michigan’s Supreme Court sent Enbridge’s Line 5 tunnel permit back for further review, reopening Great Lakes environmental and public-trust concerns. South Asia Fuel Pressure: Bangladesh faces rising LPG prices and ongoing CNG shortages, with drivers in Chattogram reporting long queues and low pressure. Renewables Momentum: India’s solar buildout keeps accelerating, with capacity jumping to 162.15 GW by June 2026, while China pushes further solar and wind expansion even as coal remains in the mix.