Middle East Energy Security: Houthis’ push toward Mokha and Bab el-Mandeb is raising the stakes for global shipping, while Saudi Arabia shut its East-West oil pipeline after attacks, adding to Strait of Hormuz and Red Sea supply risks. Oil Market Outlook: Analysts say crude is at an “inflection point” as inventory drawdowns and renewed shipping disruption could feed an upward spiral in prices. Ukraine Energy Warfare: Zelenskyy warned Russia of retaliation if it targets Ukraine’s power system this winter, while again calling for an “energy truce” tied to Black Sea access. G20 Energy Diplomacy: Russia will send an official to next week’s G20 energy ministers’ meeting in Houston, as energy security concerns intensify across Europe and Asia. EU/US Policy & Courts: A U.S. appeals court struck down a Department of Energy order forcing a Michigan coal plant to stay open, challenging emergency authority. Grid & Affordability: Maryland electricity costs jumped 50.9% over five years amid data center demand and reliability fears; in Nevada, wildfire-related outages were narrowed but still threaten hundreds of customers. Clean Energy Push: Ireland’s Green Party backs €2.5bn for home solar plus targeted credits, while Maine lawmakers tour renewables and heat pumps to cut bills. Regional Power Deals: Azerbaijan and Türkiye say energy cooperation is moving from projects to implementation, and UAE firms (ADNOC/XRG/Masdar) signed major Germany energy and industrial agreements. Business Moves: Energy Transfer plans to shift primary listing from New York to Texas, and PowerTransitions expanded in New York with the Roseton plant acquisition.