Middle East Oil Shock: Trump said the US-Iran interim deal is “over” after fresh strikes tied to attacks on vessels in the Strait of Hormuz, while Washington revoked an OFAC license for Iranian oil sales; Brent jumped above $78 and markets turned risk-off as investors fear renewed supply disruptions. Market Spillover: US stock futures slid and European equities fell as oil rallied, with analysts warning further escalation could push Brent toward $80+. Energy Security in Asia: Vietnam is weighing more coal-fired power as LNG growth slows amid Iran-war-related supply risks, aiming to expand LNG capacity but keeping coal in the 2030 mix. Grid Flexibility Push: Egypt granted “golden licences” to AMEA Power for 1.5 GWh BESS projects, and Maruti Suzuki commissioned a 1 MWh battery at its Kharkhoda solar plant to store excess generation. Clean Hydrogen Exports: Saudi Arabia granted ACWA Power exclusive rights to export green hydrogen and renewable electricity, building on NEOM’s green hydrogen push. AI Power Demand: Temasek is increasing climate and energy-transition investments, while Nocera struck a binding deal to invest in an energy storage and power platform for AI and mission-critical sites.