Middle East Energy Shock: Attacks on Saudi Arabia’s East-West pipeline and renewed Houthi pressure around Bab el-Mandeb are tightening crude and diesel supply routes, pushing Brent above $108 and lifting European bond yields as markets brace for energy-driven inflation. EU Power Market Capacity: The European Commission launches the Energy Regulation Academy to help national regulators implement electricity market reforms faster, aiming to turn EU rules into practical grid, permitting and flexibility outcomes. North Sea Supply Debate: UK North Sea bosses say fiscal changes could “unlock” 100-plus oil and gas projects, while critics warn the plan is industry-driven as fuel costs stay politically sensitive. Gas Security & Infrastructure: Poland plans to integrate the Yamal-Europe pipeline into its national gas grid, as Europe weighs rising winter supply risks. Iraq–Germany Oil Pivot: Iraq’s PM Ali al-Zaidi invites German firms into reconstruction and floats exporting crude to Europe via new routes, seeking less reliance on the Strait of Hormuz. Poland Orlen Scandal: FT details Orlen’s failed Venezuelan oil deal using USDT and intermediaries, with prosecutors investigating oversight and losses. Russia–Ukraine Energy Strikes: Despite Trump’s claimed energy truce, both sides continue hitting energy infrastructure, keeping Europe’s fuel market nerves high. Canada–EU Alliance Talks: Mark Carney says visa rules could be part of a “unique alliance” with the EU spanning energy, critical minerals and AI, with negotiations set for October. Aviation Decarbonisation: Emerson wins automation work for Europe’s first dedicated greenfield SAF plant in the Netherlands, targeting 2028 output.