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July 07, 2026
 

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SHIPPING

Children watch a tanker at anchor off the coast of Muscat, Oman, on March 18. The Strait of Hormuz is used by roughly a fifth of global oil and liquefied natural gas supply and is currently blocked by Iran, a more formidable adversary than Yemen's Houthis.
WORLD
Mar 25, 2026
Failure to secure Red Sea shipping casts shadow over Strait of Hormuz plan
Absent the strait’s reopening, shortages will become more acute, ‌threatening higher ‌costs for energy, food and numerous other products worldwide.
An employee points at a "sold out" sticker at a used-car export complex in Incheon, South Korea.
BUSINESS / Markets
Mar 25, 2026
Lamborghinis stranded in Sri Lanka as war disrupts Asia’s used-car trade
Japan and South Korea exported a combined $19 billion worth of used cars last year, with Japan accounting for a little ⁠more than half of that.
Fuel price pressures are hitting growers and winemakers at the same time as tariffs imposed by U.S. President Donald Trump.
BUSINESS
Mar 24, 2026
From Indian movies to Italian wine, Trump’s war on Iran to cause pain worldwide
Effects of the conflict are reaching industries that might’ve seemed insulated from the fallout, and that’s unlikely to be reversed quickly.
Investors are starting to focus on shipping assets, as good-quality Japanese-built used vessels command high prices, and transport disruptions due to the Iran war have further boosted valuations of large tankers.
BUSINESS / Companies
Mar 23, 2026
Activists target Japan’s shipping stocks on rising vessel prices
Quality Japanese-built used vessels command high prices, and transport disruptions due to the Iran war have further boosted valuations of large tankers.
Ships from the Japanese Maritime Self Defense Force Minesweeper Division 51 make a port call in Manila in September 2015
JAPAN
Mar 22, 2026
Japan could consider Hormuz minesweeping if ceasefire reached, minister says
Tokyo ⁠has no immediate ​plans to seek arrangements to allow passage through ​the Strait of Hormuz for stranded Japanese vessels, Motegi ​said
An attendant holds a petrol nozzle after refueling a car at a PetroChina gas station in Beijing on March 10.
BUSINESS / Markets
Mar 18, 2026
China’s fuel export ban to further tighten Asia supply
Australia, Bangladesh and the Philippines are ​especially reliant on Chinese fuel supply and will have to cover their needs elsewhere.
Damage on the cargo ship was likely caused by a collision with a fishing boat that occurred Tuesday morning.
JAPAN
Mar 17, 2026
Four dead in Aomori after cargo ship’s collision with fishing boat
Crew members from the fishing boat said they had stopped the engine early on Tuesday and were preparing to fish when the cargo ship rammed into them.
Prime Minister Sanae Takaichi answers questions at an Upper House Budget Committee meeting in Tokyo on Monday.
JAPAN / Politics
Mar 17, 2026
Takaichi weighs options as Trump pressures Japan on Hormuz
One option for Prime Minister Sanae Takaichi could be to formally endorse a coalition of like-minded nations aimed at ensuring freedom of navigation in the strait.
An Emirates Airbus A380 aircraft remains parked at the airport after the flight was canceled at Incheon International Airport in South Korea on March 5.
WORLD
Mar 16, 2026
Middle East war disrupts pharma air routes and risks cancer drugs supply
The conflict has knocked out key air transit hubs and closed shipping routes.
U.S. President Donald Trump walks on the South Lawn of the White House after arriving on Marine One in Washington on Sunday.
WORLD / Politics
Mar 16, 2026
Trump says he’s asked seven countries to join coalition to police Strait of Hormuz
The U.S. president insisted that nations relying heavily on oil from the Gulf have a responsibility to protect the strait.
A tanker sits anchored in Port Sultan Qaboos in Muscat, Oman, on March 12.
BUSINESS
Mar 15, 2026
Lured by profits, some shipowners brave mines and missiles to sneak oil past Iran
Tactics deployed by shipowners so far include switching off AIS ship-tracking transponders in the hope that vessels become less visible to Iran’s military, and traveling at night.
Naomi Matsushita of Mitsui O.S.K. Lines became the first woman to serve as captain aboard a ship operated by a major integrated Japanese shipping company.
JAPAN
Mar 15, 2026
Japanese women build careers in male-dominated industries
As of 2020, women accounted for less than 20% of the workforce in the maritime transportation and construction sectors, far below the figure of more than 40% across all industries.
About a fifth of global oil and liquefied natural gas normally passes through the Strait of Hormuz, where traffic has dropped by 97% since the U.S.-Israeli war against Iran began on Feb. 28, according to United Nations data.
BUSINESS / Economy / EXPLAINER
Mar 14, 2026
Why is it so easy for Iran to shut the Strait of Hormuz?
About a fifth of global oil and liquefied natural gas normally passes through the strait, where traffic has dropped by 97% since the Iran conflict began.
A tanker passes through the Strait of Hormuz. U.K. officials stated Thursday that they believe Iran is laying mines in the Strait.
WORLD
Mar 13, 2026
Iran has likely begun laying mines in Strait of Hormuz, U.K. says
The narrowness of the Strait of Hormuz makes the danger of sea mines more acute, as ships have less room to maneuver and greater odds of striking one of the weapons.
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.
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.
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.
A container ship at the Fairview Container Terminal in the Port of Prince Rupert in Prince Rupert, British Columbia, Canada, on July 15, 2025
BUSINESS / Companies
Mar 11, 2026
China’s Cosco halts Panama port operations as tensions rise
China previously asked its shipping companies to consider rerouting cargo through ports outside of Panama if it didn’t result in a significant extra cost.
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.
A man shops in a supermarket in Chanverrie, France, on Oct. 16, 2024. When prices of food and other essentials rise, the first thing people cut spending on is fashion, says consultancy Simon-Kucher.
BUSINESS / Companies
Mar 10, 2026
Europe’s struggling retail sector looks ill-prepared for new energy price shock
The sector has barely recovered from the inflation cycle triggered by spiking gas prices after Russia’s invasion of Ukraine.
Murakami says his novels are ‘different’ from AI literature
Haruki Murakami's first book in three years hit shelves in Japan on Friday.
Suspected Asian fraud ring exec served fresh warrant in Japan
The Tokyo Metropolitan Police Department and Osaka Prefectural Police have issued arrest warrants for three people, including a suspected fraud network leader, over alleged immigration and residency violations.
Japan needs caregivers. Young Indians are answering the call.
Young people in India's northeast are increasingly studying Japanese in hopes of building new lives and careers in Japan.
Tokyo hospital baby hatch accepts 20 newborns in first year
Hitoshi Kato (left), head of San-ikukai Hospital in Tokyo's Sumida Ward, speaks during a news conference at the Tokyo Metropolitan Government building on Thursday.
Hayabusa2 flies past asteroid as Japan aims to acquire data for planetary defense
A graphic illustration of the Hayabusa2 probe flying past the asteroid Torifune
Japanese nail salons are tourists’ new obsession
Tourists in Japan have always been interested in quintessentially Japanese approaches to modern culture, and, increasingly, visits to nail salons have become the new hot thing.
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.
‘Defense,’ not ‘warfare,’ stressed as pacifist Japan beefs up capabilities
Defense Minister Shinjiro Koizumi attends an annual training session near Mount Fuji at Higashifuji Training Field in Gotemba, Shizuoka Prefecture, on June 7.
Japan plans to sharply raise fees for residence permits from October
Foreign tourists walk on the path leading to the Kiyomizu Temple in Kyoto in May.

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