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July 12, 2026
 

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STRAIT OF HORMUZ

The Strait of Hormuz crisis is exposing a new era of geopolitical coercion in which access to critical trade routes is selectively controlled, deepening economic insecurity in Asia and accelerating doubts about the reliability of the U.S.-led global order.
COMMENTARY / World
May 21, 2026
How China and U.S. navigate the Strait of Hormuz stranglehold
The Strait of Hormuz has evolved into a laboratory for a new form of geopolitical coercion where access itself becomes currency.
Chinese leader Xi Jinping and U.S. President Donald Trump arrive at the Great Hall of the People in Beijing on May 14. Pool / via REUTERS
COMMENTARY / Japan
May 21, 2026
Why the Trump-Xi summit ended in an impasse
Given Xi’s reluctance to address Trump’s Iran concerns, he should be unsurprised that the U.S. has not fully endorsed his new framework for U.S.-China relations.
Vessels in the Strait of Hormuz, as seen from Musandam, Oman, on Monday. Only one repair vessel for cables, owned by United Arab Emirates-based e-Marine, is currently in the Persian Gulf.
WORLD / FOCUS
May 21, 2026
Iran’s threat to Strait of Hormuz submarine cables
Iran’s threat to impose “permits” on submarine fiber-optic cables passing through the Strait of Hormuz “calls international law into question,” said a former French naval officer.
Vessels sail through the Strait of Hormuz, as seen from Musandam, Oman, on Monday.
WORLD
May 21, 2026
Iran is consolidating control of Hormuz with checkpoints and diplomatic deals
With Iran now in de facto control of the strait, the system can involve intense vetting by the Iranian government and sometimes fees in exchange for safe passage.
U.S. President Donald Trump said he was ready to resume attacks on Iran, but added that he could wait a few days to "get the right answers."
WORLD / Politics
May 21, 2026
Trump says willing to wait for a few days to get ‘right answer’ on Iran peace deal
The ceasefire has yielded little progress, and soaring gasoline prices continue to ​weigh on the president’s approval ratings.
Chinese leader Xi Jinping greets U.S. President Donald Trump outside the Great Hall of the People in Beijing during their two-day summit on May 14.
COMMENTARY / Japan
May 20, 2026
How will Japan react to Trump’s China pivot?
For Tokyo, the critical issue is whether the U.S. is fundamentally rethinking its approach toward China — and whether that shift could leave Japan dangerously exposed.
Ships and boats in the Strait of Hormuz, Musandam, Oman, on April 22
WORLD / Politics
May 20, 2026
NATO not drawing up plans for Hormuz mission, top commander says
Any decision to launch ​a mission would require the approval of all NATO’s 32 members and several have already signaled opposition.
U.S. President Donald Trump’s policies toward Iran, science, education, diplomacy and democratic institutions are accelerating a self-inflicted decline of U.S. global power.
COMMENTARY / World
May 19, 2026
America’s superpower suicide in the Trump era
At a minimum, a superpower must be a modern state that includes, through the rule of law and other institutions, a substantial body of citizens committed to a common endeavor.
A man brings an empty liquefied petroleum gas canister to a depot in New Delhi on Monday. India is the second-largest importer of LPG in the world and is suffering acute shortages of the fuel, used in cooking gas and industrial processes.
BUSINESS / Markets
May 19, 2026
How India’s cooking fuel shortage is driving up California’s gas prices
Both symptoms of the worst-ever energy supply disruption, they are directly connected and evidence of the effects across the global economy of the U.S.-Israeli war with Iran.
A street in Tehran on Monday. "Surrender is fundamentally incompatible with Iran's identity," one senior Iranian official said.
WORLD / Politics
May 19, 2026
Growing risk of fresh conflict in Middle East as deadlock and pain deepen
The concern among policymakers is not whether a deal is near, but how long tensions can persist before a miscalculation triggers renewed hostilities.
A tourist watches the MT Desert Kite oil tanker carrying Russian oil in the Arabian Sea, Gujarat, India, on March 11.
WORLD / Politics
May 19, 2026
U.S. extends sanctions waiver on Russian oil to aid vulnerable countries
The action marks the second time the Treasury has allowed the sanctions waiver to lapse and subsequently extended it.
A woman walks past an anti-U.S. billboard depicting U.S. President Donald Trump and the Strait of Hormuz, in Tehran on Sunday.
WORLD / Politics
May 19, 2026
Trump says he paused attack on Iran as negotiations continue
An Iranian source said the U.S. may agree to release some of Tehran’s frozen funds and show more flexibility toward peaceful nuclear activity under supervision of the IAEA.
Cargo ships in the Persian Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the U.S.-Israeli conflict with Iran, in United Arab Emirates, on March 11
BUSINESS / Economy
May 18, 2026
Iran war saddles global companies with $25 billion bill — and counting
Businesses are grappling with soaring energy prices, fractured supply chains and trade routes severed by Iran’s chokehold on the Strait of Hormuz.
The war in Iran is fueling currency crises in energy-importing countries, underscoring the need to accelerate the transition to electric vehicles and renewable energy to shield economies from fossil-fuel shocks.
COMMENTARY / World
May 18, 2026
The energy crisis is becoming a currency crisis
The biggest losers include the Egyptian pound, the Philippine peso, the South Korean won and the Thai baht.
A ship remains anchored in the Strait of Hormuz near Larak Island, Iran, on Saturday.
WORLD / Politics
May 18, 2026
U.S. and Iran far from Hormuz deal as Trump says clock is ticking
Iranian threats on shipping in the Persian Gulf have brought the region’s energy exports to a near-standstill, giving Tehran significant leverage in talks with the U.S.
Leaders and other officials of the Association of Southeast Asian Nations pose for a group photo during the opening ceremony of the 48th ASEAN summit in Cebu, Philippines, on May 8.
COMMENTARY / World
May 17, 2026
Why ASEAN chose silence amid the growing Gulf crisis
In Cebu, much of the summit’s energy went into drafting a statement broad enough to avoid offending any member state.
U.S. President Donald Trump inspects a guard of honor during a welcome ceremony at the Great Hall of the People in Beijing on Thursday.
WORLD
May 15, 2026
Trump says he is losing patience with Iran after talks with China’s Xi
Talks aimed at ending the conflict have stalled, with Iran refusing to end its nuclear program or relinquish its stockpile of enriched uranium.
U.S. President Donald Trump and Chinese leader Xi Jinping visit the Zhongnanhai leadership compound in Beijing on Friday.
EDITORIALS
May 15, 2026
A sigh of relief as Trump visits Xi
Trump will declare the meeting a win for his diplomacy and credit his personal relationship with Xi. The Chinese leader will be less effusive.
The Strait of Hormuz has remained largely blocked since the Iran war began in late February and has been subject to an international diplomatic arm wrestle ever since.
BUSINESS
May 15, 2026
Hormuz oil flows creep higher as more supertankers exit
Four ships each hauling 2 million barrels of mostly-Iraqi crude have exited since May 10 — a rate close to 2 million barrels a day — according to vessel tracking data.
An Eneos gasoline tanker truck in Yokohama. An Eneos crude oil supertanker has passed through the Strait of ​Hormuz, ship-tracking data shows.
BUSINESS / Companies
May 14, 2026
Japanese crude tanker emerges outside Hormuz in rare transit
The tanker is listed as part of refiner Eneos Holdings’ fleet.
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 scientists identify neural mechanism that may explain why we dislike people
The aggressive mouse (left) used in the experiment and a mouse defending itself
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.
Over 70% of accommodations in Japan say they are understaffed amid tourism influx
The number of foreign visitors to Japan reached a high of 42.68 million in 2025.
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.
Japan’s largest exhibition of women photographers rights a wrong in cultural history
Miwa Yanagi’s “Elevator Girl House” series skewers the superficiality of gender roles through staged images.
Over 70% of accommodations in Japan say they are understaffed amid tourism influx
The number of foreign visitors to Japan reached a high of 42.68 million in 2025.
‘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.

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