Energy Security (India): India’s petroleum ministry has asked state-run fuel retailers to expand LPG storage so reserves cover at least 30 days of demand, citing West Asia conflict-linked supply disruptions and heavy Gulf dependence for LPG. Transport Costs (India): Mumbai-area CNG and PNG prices rose again as Mahanagar Gas blamed higher gas procurement costs tied to West Asia tensions and currency moves. Regional Security (Vietnam at Shangri-La): Vietnam President To Lam used the Shangri-La Dialogue in Singapore to warn that three crises—international order, development models, and strategic trust—are converging in the Asia-Pacific, urging stronger international law and dialogue. Defense Ties (Japan–Philippines): Japan and the Philippines agreed to upgrade defense cooperation, begin talks on an intelligence-sharing pact, and start negotiations to delimit maritime boundaries. China–US–Asia Forum Dynamics (Australia): Australia criticized China’s low-key Shangri-La presence as a missed chance for strategic reassurance. Pacific Infrastructure (Quad): India, the US, Australia and Japan plan port infrastructure work in Fiji, a move framed as high-quality delivery for Pacific priorities and a potential new US-China flashpoint. Media & Rights (Hong Kong): A Hong Kong court upheld a five-day jail sentence for Ronson Chan, a former head of the city’s journalists’ union, in a case tied to obstructing police. Business & Trade (APAC): Vinexpo Asia 2026 in Hong Kong drew 14,273 trade professionals, while Vinpearl announced new partnerships with regional travel platforms to expand international reach. Funding (Southeast Asia): Singapore’s SG Enviro closed a Series A to scale water treatment and recycling across Southeast Asia, including plans for data centres and semiconductors.