US-Russia Sanctions Push: The US Senate cleared a key procedural step for sweeping sanctions targeting Russian oil and gas buyers, with proposed tariffs up to 100% aimed at China and India as well as Russia’s “shadow fleet.” Middle East Oil Risk: Oil prices jumped as Iran-US tensions flared again, while Iran’s IRGC Navy said it stopped three tankers in the Strait of Hormuz—raising the stakes for global supply routes. Ukraine Strikes Russian Refining: Ukraine reported a major drone strike on Russia’s Ryazan refinery, adding to fuel-supply jitters ahead of further political talks in Washington. Fed Meets as Gas Rises: The Federal Reserve is set to decide rates amid renewed inflation pressure tied to higher gas prices. Energy Security in Asia: India warned its oil and gas imports hinge on narrow chokepoints—Hormuz and Bab-el-Mandeb—where disruption could send prices sharply higher. Philippines Nuclear Debate: Manila’s nuclear push faces renewed local opposition to reviving the Bataan Nuclear Power Plant, while the Palace says any nuclear move would require full studies and IAEA-aligned safeguards. Clean Power Finance: Malaysia’s PM said ASEAN needs major capital to scale solar, grid upgrades and storage, and Michigan expanded incentives for communities hosting renewables. Grid vs Data Centers: Texas regulators are seeking more authority over data centers as the facilities’ power demand strains local bills and infrastructure.