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July 04, 2026
 

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OIL

Boeing 777-300ER aircraft, operated by Qatar Airways, are parked outside Terminal 8 at John F. Kennedy (JFK) International Airport in New York on Monday.
BUSINESS / Economy
Mar 3, 2026
Flight prices soar on Asia-Europe routes after Gulf conflict closes major hubs
Key hubs including Dubai — the world’s busiest international airport that normally handles over 1,000 flights a day — remain closed, slashing capacity on popular routes.
Bank of Japan Deputy Gov. Ryozo Himino has said he is closely monitoring the situation in the Middle East as the outlook for the economy became murkier after the U.S.-Israeli strikes on Iran.
BUSINESS / Economy
Mar 2, 2026
BOJ deputy chief refrains from signaling rate hike in March
“I want to closely monitor the situation” in the Middle East, Bank of Japan Deputy Gov. Ryozo Himino said in a speech to local business leaders in Wakayama Prefecture.
Oil tanker Ethera, part of the "shadow fleet" Russia uses to circumvent Western sanctions over the war in Ukraine, is docked at the naval base in Zeebrugge, Belgium, after it was boarded and seized by Belgium's special forces on Sunday.
WORLD
Mar 1, 2026
Belgium seizes Russian ‘shadow fleet’ tanker
Russia has used a flotilla of ageing tankers of opaque ownership to get around restrictions on its lucrative crude exports imposed over its 2022 all-out invasion of Ukraine.
A family sits against the backdrop of a dockyard off United Arab Emirates' coastal city of Fujairah, in the Strait of Hormuz, on Wednesday.
BUSINESS / Economy
Mar 1, 2026
Ships avoid Strait of Hormuz as Iranian media essentially shuts it down
There’s been no formal announcement from Tehran about the status of the strait, which is crucial for the flow of oil and gas, but some tankers are turning around.
A crude oil tanker near the terminal Kozmino in Nakhodka Bay near the port city of Nakhodka, Russia, in 2022. Hungary ​and Slovakia, still reliant on Russian oil imports, are strongly opposed to any permanent ban.
WORLD / Politics
Feb 25, 2026
EU to propose permanent ban on Russian oil after Hungary election, document shows
The timing was ‌designed to prevent ‌the oil ban from becoming a major factor in Hungary’s election campaign, EU officials said, with the country strongly opposed to any ban.
Hungarian Prime Minister Viktor Orban speaks during the spring session of parliament in Budapest on Monday.
WORLD / Politics
Feb 24, 2026
Hungary blocks Russia sanctions and EU cash for Kyiv on eve of war anniversary
Ukraine says the oil flows stopped after a Russian attack on pipeline infrastructure in ​January and it is fixing the damage as fast as it ⁠can.
U.S. President Donald Trump and Indian Prime Minister Narendra Modi meet in the Oval Office in Washington on Feb. 13, 2025. Trump’s transactional trade policies have eroded U.S.-India trust, leaving a once-strategic partnership vulnerable despite a temporary tariff deal.
COMMENTARY / World
Feb 17, 2026
Trump’s trade truce won’t restore the U.S.-India relationship
With the interim trade deal between the U.S. and India, hopes are high that the bruising confrontation initiated by Trump last year is coming to an end.
U.S. military forces board an oil tanker in the Indian Ocean on Sunday. India forces have seized three other U.S.-sanctioned oil tankers linked to Iran this month and stepped up surveillance in its maritime zone to curb illicit trade, according to a source.
ASIA PACIFIC
Feb 17, 2026
India seizes three Iran-linked, U.S.-sanctioned tankers, source says
New Delhi’s ship seizures and heightened surveillance in its waters follow recent improvements to ⁠U.S.-India relations.
This aerial view shows the oil tanker Boracaya, suspected of being part of the “shadow fleet” involved in Russian oil trade, under investigation by French authorities off the coast of Saint-Nazaire in October.
COMMENTARY / World
Feb 17, 2026
The black market for Russian and Iranian oil is in trouble
China’s choices will determine whether prices rise or fall and whether Moscow and Tehran cut production.
With Cuba’s former Venezuelan ally, President Nicolas Maduro, facing charges in the U.S., Havana confronts a deepening crisis under Trump administration pressure, leaving it few friends and stark choices between reform and collapse.
COMMENTARY / World
Feb 17, 2026
Cuba is home alone in Latin America
Cuba’s collapse has long been predicted; this time, it feels unmistakably real.
Venezuelan Interim President Delcy Rodriguez (center) greets a worker from a state oil company next to U.S. Secretary of Energy Chris Wright (second from left) during a visit to the Orinoco Oil Belt in El Aceital, Anzoategui State, southern Venezuela, on Thursday.
WORLD / Politics
Feb 14, 2026
U.S. waives Venezuela oil sanctions as Trump says he expects to visit
“I’m going to make a visit to Venezuela,” the U.S. president told reporters, while adding that the date had not been decided.
Sister Gertrudis gives thanks to God in front of a new solar panel system installed at a nursing home run by the Catholic Church in the Guanabacoa neighborhood of Havana on Feb. 4.
ENVIRONMENT / Energy
Feb 11, 2026
Charcoal or solar panels? A tale of two Cubas
Cuba was already struggling through its worst crisis in decades when the U.S. overthrew Cuban ally Nicolas Maduro and halted Venezuela’s oil shipments to the island nation.
Cuban President Miguel Diaz-Canel speaks during a news conference in Havana on Wednesday, in this TV image released on Thursday.
WORLD
Feb 6, 2026
Cuba signals openness to U.S. talks as fuel begins to run out
Oil-vessel tracking analysts estimate Cuba could burn through its current inventory of fuel in less than three weeks.
An Eneos oil refinery. Oil markets kicked off the year with a high level of volatility as geopolitical risks ran ahead of market glut concerns.
BUSINESS / Companies
Feb 4, 2026
Refiner Eneos to expand oil-trading portfolio outside of Japan
Eneos beefing up its trading presence is part of a broader push to create more value across business sectors as oil markets kicked off the year with a high level of volatility.
The USS Abraham Lincoln aircraft carrier, is seen at Naval Air Station North Island in San Diego last August.
WORLD
Feb 4, 2026
U.S. jet shoots down Iranian drone near carrier in Arabian Sea
The incident caps weeks of heightened tensions, with U.S. President Donald Trump threatening airstrikes over Tehran’s violent crackdown on Iranian protesters.
U.S. President Donald Trump shakes hands with Indian Prime Minister Narendra Modi at the White House in Washington on Feb. 13, 2025.
WORLD / Politics
Feb 3, 2026
U.S. to cut tariffs on India to 18%, India agrees to end Russian oil purchases
Donald Trump announced the deal following a call with Indian Prime Minister Narendra Modi, noting that India would now buy oil from the U.S. and potentially Venezuela.
Alberto Villar prepares dinner at home during a blackout in Havana on Wednesday, as Cubans from all walks of life hunker into survival mode, navigating seemingly interminable blackouts and soaring prices for food, fuel and transport, while the United States threatens a stranglehold on the communist-run nation.
WORLD / Politics
Feb 1, 2026
Cuba decries Trump’s ‘genocidal’ threat and girds for calamity
The U.S. president said his administration would slap punitive levies on nations that supply Cuba with fuel.
A suspected Russian oil tanker seized by the French navy is moored near a port in France on Sunday.
WORLD / Politics
Jan 29, 2026
Ukraine urges EU to take action against Russian ‘shadow fleet’
The Ukrainian presidency’s special representative for sanctions, Vladyslav Vlasiuk, called for “robust actions” against Russia.
A power generating station in Texas. Following Russia’s invasion of Ukraine, Europe has replaced some of its lost Russian gas volumes with U.S. liquefied natural gas.
WORLD / Politics
Jan 28, 2026
EU warns of over-reliance on U.S. gas after Russian phase-out
The comments by the European Union’s competition chief come as U.S. President Donald Trump’s stance on Greenland has the continent on edge.
An oil refinery of Venezuelan state oil company PDVSA in Puerto La Cruz, Venezuela
BUSINESS
Jan 27, 2026
Venezuela oil reform encourages investment but needs to go deeper, executives say
Players say changes have improved conditions for existing operators and some newcomers.
‘My dream is broken’: Japan visa rules push out foreign residents
A man orders from a kebab shop in the Okubo district in Tokyo.
Japan triples departure tax in push to combat overtourism
Tourists in Yanaka Ginza, Tokyo, on Wednesday. Japan tripled its International Tourist Tax (departure tax) to ¥3,000 from ¥1,000 on Wednesday for all travelers leaving Japan, regardless of nationality.
Japanese-language education is at a turning point
The country is gradually transforming Japanese-language education from a volunteer-driven system into a professional, government-supported network to better serve its growing foreign population. 
Japan’s princesses face life-altering legal revisions
Princess Aiko, the daughter of Emperor Naruhito, said in a 2022 news conference upon coming of age that she hopes to “spend a long time together” with her parents.
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.
Iran war exposed, but hasn’t changed, Japan’s reliance on imported oil
Wind turbines generate energy from strong easterly winds on the Shonai Plain in Yamagata Prefecture. Despite the oil crisis caused by conflict near the Strait of Hormuz, and concerns instability in the region could continue to impact supply and the price of imports, the administration of Prime Minister Sanae Takaichi does not seem to be drawing on the war as a pretext to hasten progress toward Japan's renewable goals.
Six of the best: rikishi of note in each sumo division
Kazuma (right) faces off against future <i>yokozuna</i> Onosato during the All Japan Amateur Sumo Championships at the Ryogoku Kokugikan in Tokyo in December 2020.
Some startups see opportunity in an aging Japan
Yasmin Baba, CTO of Amilis, wins the Grand Prize at the Pitch2Tokyo Grand Final on Feb. 19.
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.

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