Oil Market Volatility: Oil prices slid as traders leaned toward a diplomatic off-ramp for US-Iran tensions, with Brent easing to about $95 and WTI near $93, while markets stayed jittery over Strait of Hormuz supply risk. Strategic Storage Watch: Reuters reports Cushing, Oklahoma tanks are being drained fast as refiners chase crude to replace lost Middle East barrels, raising the risk of inventories nearing operational minimums. Middle East Energy Pressure: Oman’s Mina al Fahal suspended crude loading after an explosion near offshore berths, widely linked to a drone attack, while OPEC’s Al-Ghais said demand growth remains robust despite Hormuz disruption. Nuclear Build Momentum: Antares’ Mark-0 became the first privately developed US reactor to reach first criticality since the 1980s; Japan is planning rebuilds of up to five reactors by the 2040s; Italy’s lower house backed a return to nuclear power; and Uzbekistan approved construction of its first nuclear power plant unit. Energy Security & Grid Resilience: IAEA brokered a local ceasefire to repair the power line feeding Ukraine’s Zaporizhzhia plant, and Google signed a BYOC deal with Voltus for a virtual power plant in PJM to dispatch distributed flexibility. Coal Push in the US: Trump unveiled about $700m in support for coal-fired power and export capacity, using the Defense Production Act to back upgrades and new terminal work. Energy Diplomacy: Putin said India-Russia trade could hit $100bn, pointing to Kudankulam nuclear cooperation, while India’s Hardeep Singh Puri met Venezuela’s Delcy Rodríguez to deepen oil partnership plans.