Energy Transition Finance: Malaysia’s Tenaga Nasional (TNB) says two 2026 Islamic bond (sukuk) sales for solar and hydro—RM1.0bn and RM1.5bn—were oversubscribed by five times, underscoring strong investor appetite for bankable renewables as the country targets RM1.2-1.3tn in transition financing over 25 years. Middle East Energy Risk: A US-Iran MOU on a wartime ceasefire is easing near-term pressure on oil markets by reopening the Strait of Hormuz and triggering early Iranian tanker departures, but unresolved nuclear and sanctions issues keep volatility risks alive. Grid Security & Storage Demand: The lingering energy shock is pushing overseas orders for Chinese battery storage firms, with more than 25 GWh slated for the US and Europe as grids modernize and governments fund resilience. Clean Power Budgets: Nepal earmarks Rs. 2.63bn for renewables and efficiency in 2026/27, backing off-grid electrification, clean cooking, solar, waste-to-energy and green hydrogen. Fuel Policy Watch: Australia extends its fuel excise cut by one month (16 cents/litre exemption from July 1 to Aug 2), while Ireland’s energy minister signals petrol/diesel tax relief could be extended if needed. Coal-to-Chemicals Push: India starts a ₹25,000 crore coal gasification project in Odisha to produce ammonia for fertilizers, targeting commissioning by Sept 2029. Diplomacy Meets Energy: Malaysia’s PM backs Petronas’ expanded Turkmenistan deals and Russia supply assurances as part of broader energy security and partnership strategy.