What changed, why it matters, and what most people may be overlooking.
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.
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.
Petronas can supply a state-backed Japanese intermediary when utilities cannot source cargoes elsewhere, but volume and contract length were left undisclosed.
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.