Iran sends reply to U.S. peace plan as tensions persist in Strait of Hormuz
Iran said on Sunday (10 May) that it had sent its response to a U.S. proposal aimed at launching peace talks to end the war, as signs of tentative ...
Japan and Indonesia will deepen coordination on energy security, Tokyo said, as the U.S.-Israeli war on Iran disrupts vital oil and gas flows to Asia.
Japan’s Prime Minister Sanae Takaichi said the two countries would strengthen cooperation amid growing concern over the conflict’s impact on global energy markets. Speaking in Tokyo alongside Indonesia’s President Prabowo Subianto, she said the Iran situation had renewed global focus on resource security, describing Indonesia as a major resource-rich nation.
The leaders met as tensions in the Middle East disrupt shipments through the strategically important Strait of Hormuz, a key route for oil and gas supplies to Asia.
Indonesia is the world’s largest exporter of thermal coal for power generation, accounting for about half of global exports. It is also a major liquefied natural gas supplier, with roughly a quarter of its shipments destined for Japan.
Japan said on Friday (27 March) it will allow utilities to increase the use of coal-fired power plants from next month to cushion potential disruption to liquefied natural gas imports caused by the war.
Both leaders said they would “make their best efforts to convince all parties (in the Middle East) to de-escalate” the conflict. Prabowo also invited Japan’s participation in Indonesia’s economy, including in critical minerals, rare earths, industrialisation and nuclear energy.
Neither leader provided details on how the two countries would coordinate on economic security.
In response to the conflict, Japan has opened its oil stockpiles and is seeking energy supplies beyond the Middle East.
Efforts to end the U.S.-Iran war appeared to stall as the two sides exchanged fire in and around the Strait of Hormuz. A reported CIA assessment suggested Tehran could withstand a U.S. naval blockade for months despite mounting sanctions and renewed Gulf attacks.
British paratroopers and military medics have been deployed to Tristan da Cunha after a suspected hantavirus case was confirmed, as first evacuation flights carrying passengers from the stricken MV Hondius cruise ship left Tenerife for Madrid and Paris.
Russia is holding a significantly scaled-back Victory Day parade in Moscow on 9 May 2026, reflecting heightened security concerns and the ongoing war in Ukraine, now in its fourth year.
Indonesian rescue teams have located two Singaporeans who went missing after Mount Dukono erupted on Friday (8 May) on the island of Halmahera, though authorities say it remains unclear whether they are alive.
The U.S. Defense Department has released dozens of previously classified files on unidentified anomalous phenomena (UAP) on Friday (8 May), following an order from President Donald Trump. U.S. officials described as a push for “unprecedented transparency”.
China’s exports grew faster than expected in April, as overseas buyers moved quickly to secure supplies amid fears that the conflict involving Iran could drive up global energy and transport costs.
Asian stocks surged to record highs on 7 May as investors priced in growing hopes of a potential Middle East peace deal, while oil prices eased and the U.S. dollar weakened amid shifting global risk sentiment.
Stocks around the world climbed to fresh record highs on Wednesday (6 May), while oil prices fell sharply, after reports suggested the United States and Iran were nearing an agreement to end conflict.
U.S. President Donald Trump has said he will raise tariffs on cars and trucks imported from the European Union to 25% next week, up from the 15% level agreed last year, accusing the bloc of failing to comply with its trade commitments.
The decision by the United Arab Emirates to leave OPEC+ on 1 May has put renewed focus on one of the most influential groups in global energy - and how its decisions can shape oil prices worldwide.
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