What changed, why it matters, and what most people may be overlooking.
Russian crude supplies more than 40% of India’s oil, but a US bill could attach tariffs of up to 100% to that trade—forcing a choice between export access, fuel prices and fiscal support.
Middle East disruption pushed Asian spot LNG from roughly $10 toward $30 per MMBtu, forcing price-sensitive buyers to switch fuels and exposing the tension between gas-transition targets and affordability.
Flood damage forced hydropower-dependent Nepal from exporter to emergency importer; India can cover 18 hours a day through two links, revealing both the strength of daytime solar and the weakness of the evening grid.
The 1,200-kilometre route that bypasses Hormuz has been taken offline after an attack linked to infrastructure from Iraq, tightening an already fragile Red Sea shipping system.
Petronas can supply a state-backed Japanese intermediary when utilities cannot source cargoes elsewhere, but volume and contract length were left undisclosed.
The administration is considering support for expansions and efficiency upgrades as diesel tops $6, but near-full utilisation means money cannot create quick spare capacity.
Russian gas exposure fell from 45% to 12%, but auditors warn mild weather and demand destruction did too much of the work as a 2027 LNG ban approaches.
Adani, NTPC and three other companies entered the first round, but incentives cannot remove feedstock, technology, water, offtake and execution risk.
Coal movement rose 20% in four days after monsoon disruption cut plant inventories, even as Coal India held about 76 million tonnes at pitheads—pointing to a logistics bottleneck, not a national shortage.