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July 11, 2026
 

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IRAN

Tankers in the Persian Gulf near the Strait of Hormuz on Wednesday
BUSINESS / Markets
Mar 12, 2026
Japan promises 80 million barrels of oil to support 400 million-barrel global intervention
Prime Minister Sanae Takaichi announced the commitment hours before the IEA announced the unprecedented coordinated effort by 32 nations.
A passenger checks her flight status on an airport arrivals and departures board in Krakow, Poland, on March 5.
BUSINESS
Mar 12, 2026
‘Horrendously high’ fares and bomb fears upend spring travel
The widening war with Iran that’s roiled global travel is hitting Asia-Europe routes especially hard, leaving travelers facing record prices.
Fire and smoke rise in the Fujairah oil industry zone, caused by debris after a drone was intercepted by air defenses, according to the Fujairah media office, in Fujairah, United Arab Emirates, on March 4.
WORLD / Politics
Mar 12, 2026
U.S. ignited Iran war but Gulf Arab states paying the price, Gulf sources say
Behind the scenes, resentment is mounting in Gulf Arab capitals at being drawn into a war they neither initiated nor endorsed but are now paying for economically and militarily.
Shop manager Davis Yarber opens up a survival shelter door at the Atlas Survival Shelters factory in Sulphur Springs, Texas, on March 7.
BUSINESS / Companies
Mar 12, 2026
With Middle East in flames, Texan bunker maker sees business boom
With the United States and Israel pounding Iran, and Tehran retaliating with strikes across the region, a bomb shelter company in Texas has seen demand soar for its bunkers.
U.S. and Israeli strikes on Iran will likely reinforce Kim Jong Un’s belief that nuclear weapons guarantee regime survival.
COMMENTARY / World
Mar 12, 2026
U.S. strikes on Iran will only harden North Korea’s nuclear resolve
Kim’s lesson from the Iran strikes will be simple: Autocrats without nuclear weapons are sitting ducks, while states who develop them them have protection.
A comparison with Japan in 1944 suggests Iran will resist fiercely and try to prolong the war to preserve its Islamic regime.
COMMENTARY / Japan
Mar 12, 2026
Today’s Iran is like Japan in 1944
Iran, like Imperial Japan, is mounting what could be called fanatical and tenacious resistance against overwhelmingly powerful U.S. military attacks.
Shia Muslims holding portraits of slain Iranian Supreme Leader Ali Khamenei and of his son, new Iranian Supreme Leader Mojtaba Khamenei, shout anti-U.S. and anti-Israel slogans during the Youm-e-Ali procession in Karachi on Wednesday, marking the anniversary of the death of Imam Ali, the son-in-law of the Prophet Muhammad.
WORLD / Politics
Mar 12, 2026
U.S. intelligence indicates Iranian government is not at risk of collapse, sources say
With political pressure building over soaring oil costs, U.S. President Donald Trump has suggested he will end the biggest American military operation since 2003 “soon.”
Tankers sail in the Persian Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah in the United Arab Emirates on Wednesday.
WORLD / EXPLAINER
Mar 12, 2026
Iranian sea mines: The West’s waterborne nightmare
Any Iranian mining of the vital Strait of Hormuz, as its forces did in the 1980s, would be a problem for Western demining teams.
California Gov. Gavin Newsom on March 6
WORLD
Mar 12, 2026
FBI bulletin warned of possible Iran retaliation on California targets
Iran has fought back with missile and drone aircraft attacks against Israel and several Gulf states that host U.S. military installations.
Graves are being prepared for the victims following a reported strike on a school in Minab, Iran, on March 2.
WORLD
Mar 12, 2026
U.S. may have struck Iranian girls’ school after using outdated targeting data, sources say
The strike, during the first day of U.S. and Israeli attacks on Iran, killed 150 students, according to Iran’s ambassador to the U.N. in Geneva.
Smoke rises from the Thai bulk carrier 'Mayuree Naree' near the Strait of Hormuz after an attack on Wednesday.
WORLD
Mar 12, 2026
Iran tells world to get ready for oil at $200 a barrel as it fires on merchant ships
The war unleashed with joint U.S. and Israeli air strikes nearly two weeks ago has so far killed around 2,000 people, mostly Iranians and Lebanese.
Prime Minister Sanae Takaichi on Feb. 24. The prime minister announced on Wednesday that Japan will tap its oil reserves for the first time since 2022.
BUSINESS
Mar 11, 2026
Takaichi says oil reserves to be tapped as Iran conflict hits crude flows
Japan holds stockpiled oil equivalent to about 254 days of domestic demand. The release of some of that could begin as soon as Monday.
Mitsui OSK Lines headquarters in Tokyo
JAPAN
Mar 11, 2026
Japanese-flagged container ship sustains damage in the Persian Gulf
The news comes as reports emerged that Iran had begun laying mines in the Strait of Hormuz, a key passage for oil shipments.
The Callisto tanker sits anchored as traffic is down in the Strait of Hormuz, amid the U.S.-Israeli conflict with Iran, in Muscat, Oman, on Tuesday.
WORLD
Mar 11, 2026
U.S. destroys mine-laying vessels as Trump warns Iran over Strait of Hormuz
U.S. President Donald Trump warned that any mines laid in the Strait of Hormuz by Iran must be removed immediately.
Tankers off the coast of the United Arab Emirates. More than 70% of Japan-bound oil shipments pass through the Strait of Hormuz between the UAE and Iran.
BUSINESS / Markets
Mar 11, 2026
Japan ready to join coordinated intervention in oil markets
Concerns have intensified as crude oil tankers bound for Japan ceased navigating the Strait of Hormuz 10 days ago because the war made the passage too dangerous.
Defense Minister Shinjiro Koizumi at the Defense Ministry in Tokyo on March 4
JAPAN / Politics
Mar 11, 2026
Japan and U.S. defense chiefs discuss Iran in first known call since war began
Defense Minister Shinjiro Koizumi noted that Tokyo is closely monitoring the situation with great interest in order to ensure the safety of Japanese nationals.
Smoke plumes billow from the site of airstrikes near Azadi Tower in western Tehran on Tuesday.
WORLD
Mar 11, 2026
‘Put our faith in God’: Tehran residents adapt to wartime
Tehran and other Iranian cities have been plunged into a conflict of an intensity unseen in the country since the 1980s war against Saddam Hussein’s Iraq.
Oil storage containers and pipelines at an oil terminal in Hardisty, Canada
ASIA PACIFIC
Mar 11, 2026
China’s energy security push pays off as war roils Asia refiners
China’s position is a stark contrast to Asian countries from Japan to Thailand that have been hit hard by wartime energy disruptions.
High prices for gasoline are shown at a gas station in downtown Los Angeles, California on Tuesday.
WORLD / Politics
Mar 11, 2026
Rising gas prices from Iran war imperil Republican majority in U.S. Congress
U.S. President Donald Trump had boasted about falling gasoline prices just a couple of weeks before he launched airstrikes against Iran.
U.S. Energy Secretary Chris Wright on Tuesday erroneously posted — and then deleted — a message that the U.S. Navy had escorted an oil tanker through the Strait of Hormuz, causing oil prices to plummet.
BUSINESS / Markets
Mar 11, 2026
Trump officials’ mixed Iran messages prompt more volatility
Oil prices plummeted almost 20% after an erroneous post by the U.S. energy secretary, only to pare those declines as more information emerged.
China’s demand for Soviet-style apartments shows limits to revival
Apartments built during a Soviet Union-inspired construction drive in the 1970s and 1980s tend to suffer from poor insulation and outdated plumbing, but they are seeing a revival in interest due to their attractive locations.
Japanese payment processor’s collapse hits banks and restaurants
Zentoshin served around 200,000 shops, many of which rely on early payments to maintain cash flow, raising concerns over their financial stability following the disruption.
Lenders seek $700 million after Japanese payments firm’s collapse
The financial failure of Osaka-based Zentoshin has left 63 creditors with claims totaling ¥115.16 billion, according to Tokyo Shoko Research.
Trump says ‘Japan’ instead of Iran at meeting in Ankara
U.S. President Donald Trump speaks at a news conference during a NATO leaders' summit in Ankara on Wednesday.
World’s first fully sealed vertical-farming facility opens in Tokyo
Fully sealed units are stacked on top of each other at Plantx's vertical-farming facility in Tokyo's Koto Ward on Wednesday.
‘Princess Mononoke’ comes alive in Super Kabuki staging
The “Princess Mononoke” adaptation was created under Shochiku’s Super Kabuki initiative, a modern form of kabuki with more technology in staging and open to pop culture collaborations.
The beating heart inside ‘Human Vapor’
Different forms of love and connection form the emotional backbone of Netflix’s “Human Vapor,” says actor Shun Oguri, who plays troubled detective Kenji Okamoto.
Japan bets on character IP to drive global growth
Born on social media platforms in 2022, Opanchu Usagi has become a major hit, especially among Generation Z.
Filmmaker explores history of discrimination against foreign nationals in Japan
Takashi Nishihara, the director of "Now and Then," in Tokyo on Wednesday. The director has spent 10 years traversing politically charged terrain while exploring youth-driven grassroots political movements that scrutinize the status quo.
Okinawa’s prized seaweed under threat as oceans warm
Local harvesters gather <i>mozuku</i> during low tide at Hyakuna Beach in the city of Nanjo, Okinawa Prefecture. As the planet warms, rising ocean temperatures are placing increasing pressure on the seaweed industry.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

The Terasaka Rice Terraces are seen with Mount Buko in the background.
What Yokoze can teach Japan about rural revival
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