China-Africa Energy Security: A new China-Africa energy diplomacy push argues Gulf instability is hitting fuel, transport and fertiliser costs across East Africa, while China leans on LNG stockpiles and renewables to buffer shocks. Oil Market Watch (Hormuz): Traders are tracking whether reported Strait of Hormuz “waivers” translate into real shipping normalisation as insurers and shipping firms stay cautious. India Oil Diversification: India’s refiners are leaning harder on discounted Russian crude as Hormuz risk lingers, with Russian supply averaging ~2.66 mbpd in June and lifting Moscow’s share to about half. India LPG Strategy: During West Asia tensions, India diversified LPG sourcing fast—US share jumped sharply while Iran and other suppliers filled gaps—helping avoid major shortages despite higher logistics costs. Power & Storage: China’s sodium-ion battery progress is moving from lab to real use, with tests in HD trucks showing strong cold performance and faster charging claims. Energy Policy & Industry: India will host BRICS Energy Ministers (June 25–26) focused on “Energy for All,” while ONGC signals a gas-led pivot alongside offshore gas investment and renewables ambitions. Safety Incident: Tamil Nadu’s ammonia gas leak at a seafood plant killed seven workers, underlining ongoing industrial safety risks in energy-adjacent supply chains.