Axios reports Iran continues firing on vessels but has limited precision-strike capability. A US official said only 2% of ships transiting the strait were attacked in the past month.

2026-08-28

Axios reports Iran continues firing on vessels but has limited precision-strike capability. A US official said only 2% of ships transiting the strait were attacked in the past month.

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2026-08-28

China’s National Development and Reform Commission said retail fuel price caps will rise from 24:00 on Aug 28. Gasoline and diesel retail ceilings increase by 375 yuan/ton and 360 yuan/ton respectively, equivalent to +0.29 yuan/l for 92 RON gasoline, +0.31 yuan/l for 95 RON gasoline and +0.31 yuan/l for 0 diesel. A 50‑litre refill of 92 RON gasoline will cost about 14.5 yuan more.

2026-08-28

Aug 27 — China’s National Energy Administration held a meeting on accelerating tidal/current energy scale-up and instructed officials to improve policy measures, drive cost reduction and efficiency gains, and cultivate industry growth. The NEA called for stronger cross-party coordination to tackle current bottlenecks, strict implementation of planning, intensified R&D on core equipment, expedited delivery of key projects, expansion of "marine energy+" application scenarios, and accelerated push