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July 01, 2026
 

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IRAN

U.S. Navy warships sail in an undisclosed location on April 27. A one-page memorandum of understanding reportedly under discussion between the U.S. and Iran has been described by sources as requiring both sides to lift restrictions around transit through the Strait of Hormuz.
WORLD
May 6, 2026
U.S. and Iran closing in on memorandum to end war, sources say
The memorandum was disclosed hours after U.S. President Donald Trump paused a three-day-old naval mission to reopen the Strait of Hormuz, citing progress in peace talks.
Trade minister Ryosei Akazawa speaks to reporters in Paris on Tuesday.
BUSINESS
May 6, 2026
Japan to boost joint oil stockpiles with UAE
The United Arab Emirates and Japan agreed to promote cooperation to ensure a stable supply of crude oil as the Strait of Hormuz, a key energy transportation hub, remains closed.
A U.S. flag is held up as Pope Leo XIV greets the faithful from the popemobile ahead of his inaugural Mass in Saint Peter’s Square, at the Vatican on May 18, 2025.
WORLD
May 6, 2026
A year into papacy, Pope Leo finds his ‘clarion voice’
The first U.S.-born pope, who sharply denounced war and despotism on a recent four-nation Africa tour, is expected to release his first in-depth teaching document this month.
The Iran-flagged container vessel Hamouna is seen anchored in the Strait of Hormuz off Bandar Abbas in southern Iran on May 2.
WORLD / Politics
May 6, 2026
U.S. unveiled plan to reopen Hormuz hours before Trump shelved it
The U.S. president was warned it risked escalating a conflict he is eager to bring to an end.
U.S. Secretary of State Marco Rubio speaks at a news conference in the White House in Washington on Tuesday.
WORLD / Politics
May 6, 2026
Rubio calls Hormuz resolution a test for U.N., urges against vetoes
Russia and China vetoed a previous U.S.-backed Bahraini resolution that appeared to open a path to legitimize U.S. military action against Iran.
U.S. President Donald Trump and Chinese President Xi Jinping exit after their meeting in Busan, South Korea, on Oct. 30, 2025.
WORLD / Politics
May 6, 2026
Trump says Xi ‘respectful’ on Iran, downplaying strains
A high-stakes summit of the leaders this month comes as the Iran war brings fresh tumult to the relationship between the world’s two largest economies.
A worker unloads harvested sugarcane to a sugar mill in Meerut, Uttar Pradesh, India. Ethanol, made from crops such as sugarcane, rice and maize, is central to India's plan to cut costly oil imports and reduce planet-heating emissions from transport.
BUSINESS
May 6, 2026
Oil price rises bolster India’s ethanol push despite drawbacks
Ethanol, made from crops such as sugarcane, rice and maize, is central to India’s plan to cut costly oil imports and reduce planet-heating emissions from transport.
U.S. Secretary of State Marco Rubio during a news conference in Washington on Tuesday
WORLD / Politics
May 6, 2026
U.S. officials seek to maintain ceasefire with Iran; UAE says it was attacked
U.S. Secretary of State Marco Rubio characterized the effort to escort stranded tankers through the strait as defensive in nature.
A Finance Ministry official cited an International Monetary Fund rule on Monday noting that three days of intervention count as a single market operation.
BUSINESS / Markets
May 5, 2026
Japan can intervene twice more before November under IMF rules, official notes
The comments came after the yen surged last Thursday following reported intervention by the authorities, and also saw a number of intraday rallies during days that followed.
Loaded trucks on a road in India. The country's state-dominated refining sector has kept fuel prices steady despite surging crude costs.
BUSINESS / Economy / ANALYSIS
May 5, 2026
Asia absorbs rising, uneven cost of energy crisis caused by war on Iran
The disruption has spurred the Asian Development Bank to cut its growth forecast for developing Asia and the Pacific to 4.7% this year, down from 5.1% previously.
President Donald Trump and Chinese President Xi Jinping exit after their meeting in Busan, South Korea, on Oct. 30, 2025.
ASIA PACIFIC / Politics
May 5, 2026
China seeks an advantage with both Trump and Iran as war evolves
The war will no doubt be an important issue in talks between Trump and Xi when they meet in Beijing for a two-day summit.
A woman sits outside her apartment after it was destroyed in an airstrike amid the U.S.-Israeli conflict with Iran in Tehran on March 12.
COMMENTARY / World
May 5, 2026
Will the Iran war make Trump gun-shy or trigger-happy?
The sunk-cost fallacy tricks leaders into thinking that they’ve already sacrificed too much to quit.
NATO Secretary-General Mark Rutte walks into the White House, as seen through a fence, in Washington on April 8.
WORLD / Politics
May 5, 2026
Trump’s Germany troop cuts show limits of NATO efforts to keep U.S. on board
European diplomats say they fear Trump may make further moves that could test the alliance before a summit of its 32 national leaders in Ankara in July.
Albert Park speaks during an interview in Samarkand, Uzbekistan, on Monday.
BUSINESS / Economy
May 5, 2026
ADB urges countries to limit fuel subsidies to vulnerable groups
Japan has capped gasoline prices at around ¥170 per liter through subsidies after they surged to about ¥190 after the start of the Iran war.
A man holds a flag with a picture of Iran's former supreme leaders, Ayatollah Ruhollah Khomeini (left) and Ayatollah Ali Khamenei (center), and new Supreme Leader Mojtaba Khamenei, during a rally in Tehran on April 29.
WORLD
May 5, 2026
U.S. intelligence indicates limited new damage to Iran’s nuclear program
Analysts estimate that Iran would need up to one year to build a nuclear weapon, assessments that remain broadly unchanged even after two months of war.
Since Iran closed the Strait of Hormuz, concerns have emerged over what a shortage of oil and naphtha — a raw material for plastic products including food-packaging containers — could mean to not only industries but also supply chains and individual consumers.
JAPAN / Politics / FOCUS
May 5, 2026
Amid shortage concerns, Japan works to secure supplies of raw materials
The closure of the Strait of Hormuz has sparked worries about what an oil and naphtha shortage could mean for not only industries but also supply chains and consumers.
In this picture obtained from Iran's ISNA news agency on May 4, the Iran-flagged tugboat Basim sails near a ship anchored in the Strait of Hormuz off Bandar Abbas in southern Iran.
WORLD
May 5, 2026
South Korean-run vessel ablaze in Strait of Hormuz; Trump says Iran fired at the ship
No casualties have been reported and authorities are investigating what caused the blaze.
A man holds an Iranian flag near an anti-U.S. billboard depicting U.S. President Donald Trump and the Strait of Hormuz, in Tehran on Saturday.
WORLD
May 5, 2026
U.S. and Iran trade fire in Gulf, shaking four-week ceasefire
The U.S. military fought off attacks from Iranian drones, missiles and armed small boats as it facilitated the passage of two U.S.-flagged vessels through the Strait of Hormuz.
A tanker approaches a pier at a PT Pertamina facility at Tanjung Priok Port in Jakarta in February. Conflict in the Middle East and rising fuel prices are driving energy shocks across Asia.
COMMENTARY
May 4, 2026
Oil shock will hit Asia harder than the 1970s
We’re seeing the first tremors of a similar earthquake now in Asia. More than 80% of the oil and gas that passes through the Strait of Hormuz heads east.
Amid senseless global suffering and authoritarian threats, recent democratic activism and crises such as U.S. President Donald Trump’s actions and the Iran conflict show that tragedy can spark hope for moral progress and climate action.
COMMENTARY / World
May 4, 2026
From despair to action: Tragedy is reborn as hope.
The crisis of democracy feeds the climate crisis.
Uruguay federation reportedly cancels charter flight after World Cup exit
Uruguay's Jose Maria Gimenez reacts after the team's loss against Spain at the 2026 FIFA World Cup on Friday.
Inside Japan’s rigid adoption system, a British family finds a way
James Benstead, his wife, Jesse, and their three children. Their adopted son is in the rear stroller.
India’s gig workers pay the price for exposure to New Delhi’s hazardous air
Rohit Kushwaha waits for a customer as he delivers his last parcel of the day, in New Delhi in January. His work as a delivery driver has helped pay the family’s bills, but has had a significant impact on his health.
Life inside Japan’s largest prison for women
Western-style rooms spanning the size of four tatami mats with hardwood floors, a toilet and soft mattresses on bed frames are designated for foreign nationals and those with health conditions at Tochigi Prison.
Yen hits 40-year low against the dollar, breaking ¥162 level
Japan's currency broke ¥162 to the dollar on Tuesday in Tokyo.
Japan’s fertility system offers few safe paths for same-sex couples
A Tokyo Pride parade participant holds a sign that says "we want to be a married couple, not a couple."
Life inside Japan’s largest prison for women
Western-style rooms spanning the size of four tatami mats with hardwood floors, a toilet and soft mattresses on bed frames are designated for foreign nationals and those with health conditions at Tochigi Prison.
Inside Japan’s rigid adoption system, a British family finds a way
James Benstead, his wife, Jesse, and their three children. Their adopted son is in the rear stroller.
A French ship with close ties to Japan combines arts and sciences on the high seas
Romain Troublé, the executive director of Tara Ocean Foundation, speaks to visitors aboard the Tara during a rare port call in Tokyo in April.
In Kyushu’s far south, Senti.U sparks a culinary destination
Chef Yasuhiko Uchida was born in Saga Prefecture but has made his home in Kanoya, Kagoshima Prefecture, since 2012.

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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