Energy Security at G7: Japan PM Sanae Takaichi will push three principles—free and transparent energy trade, bigger strategic oil reserves, and tighter producer-consumer cooperation—at the G7 as Middle East risks rattle supplies. Offshore Wind Collaboration: Japan and Britain are weighing a new framework to boost offshore wind, alongside talks on next-gen nuclear and innovation ties. LNG Deal Signals “Middle Power” Role: Japan signed a 20-year LNG supply pact with Malaysia’s Petronas for 2 million tonnes annually to JERA from 2028, strengthening energy and maritime security links. Oil Supply Diversification: Japan expects July crude imports near last year’s level by shifting purchases to non-Middle Eastern sources after Strait of Hormuz disruptions. Nuclear Buildout Plan: METI proposes rebuilding 2–5 reactors by the 2040s and 11–14 by the 2050s to meet rising demand and cut fuel costs. AI for Industry: NEC, Anthropic and major Japanese financial firms launched an AI collaboration initiative for secure, reliable deployment. Data-Center Tech M&A: TDK agreed to buy US Fabric8Labs for up to $400m to expand data-center tech. Corporate Cash Reforms: Japan’s governance code revisions could spur firms to mobilize a reported $1.8t cash hoard. Health Tech Research: Japanese researchers developed zinc-oxide nanowire tech for minimally invasive liquid biopsy by capturing intact cancer EVs. Trade & Consumer Business: Starbucks is reportedly exploring options in Japan including a stake sale or IPO.