Tag - iran

 
 

IRAN

The semiconductor industry and related electronics sector together account for around 17% of Taiwan’s economy.
ASIA PACIFIC / FOCUS
May 7, 2026
Hormuz crisis shows gaps in Taiwan’s high-tech ‘silicon shield’
The factors that make Taiwan an economic powerhouse — its successful technology industry and artificial intelligence-driven chipmaking — are also the ones making it vulnerable.
In this courtroom sketch, Cole Tomas Allen, a suspect in the White House Correspondents' Association dinner shooting, sits in the courtroom during a hearing after being charged with attempting to assassinate U.S. President Donald Trump, in Washington on April 30.
WORLD / Crime & Legal
May 7, 2026
Iran war possible motive for Trump shooting suspect: U.S. intelligence report
The assessment sheds new light on the U.S. government’s search for a motive in the foiled attack on the White House Correspondents’ Dinner on April 25.
A man runs past national flags of ASEAN member states outside a media center in Cebu on Tuesday, ahead of the 48th ASEAN Summit to be held this week.
ASIA PACIFIC / Politics
May 7, 2026
Energy crisis front and center as ASEAN leaders prepare for summit
The energy crisis will force Manila leadership to craft a ​regional response while preventing regional conflicts in Myanmar, Thailand and Cambodia from slipping down the agenda.
Vessels anchored in the Strait of Hormuz off southern Iran on Monday
WORLD
May 6, 2026
Iran says safe transit of Strait of Hormuz will be possible with U.S. ending threats
⁠Safe transit through the Strait of Hormuz will be ensured ​with ‌U.S. threats ‌coming to ​an end and new procedures in ⁠place, the Revolutionary ⁠Guard’s navy said Wednesday.
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.

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