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July 01, 2026
 

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Yongchang Chin
The Stroud crude oil rail terminal in Stroud, Oklahoma. The price of benchmark Brent oil has fallen below its prewar closing price.
BUSINESS / Markets
Jun 25, 2026
Brent oil erases wartime gains as Hormuz reopening boosts supply
The global benchmark pushed lower for a fourth session, dropping below $72.48 a barrel — its pre-war closing price — before fluctuating around that level.
Iran is eager to find a wider range of buyers for its oil.
BUSINESS / Markets
Jun 23, 2026
Iran rushes to woo Asia’s largest oil importers after U.S. waiver
The temporary lifeline should allow Tehran to resume exports and begin clearing a backlog of cargoes on the water.
Crude oil buyers in Japan led the charge to purchase May-loading cargoes from the U.S. early in the month, along with South Korean, Singapore and Thai processors.
BUSINESS
Apr 17, 2026
Asia relying on U.S. crude to replace Middle East supply
U.S. exports of oil, including crude and refined products, reached a record 13 million barrels a day last week, government data showed.
An oil refinery in the Keihin industrial area in Yokohama. Japanese refiners are opting for smaller ships that can transit the Panama Canal to get U.S. oil faster.
JAPAN
Apr 9, 2026
Japan taps smaller ships to get U.S. oil faster on supply concerns
Three midsize tankers are scheduled to deliver U.S. oil to Japan from late April through May.
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.
Oil storage tanks at Eneos’ Negishi oil refinery in Yokohama
BUSINESS / Companies
Dec 24, 2025
Eneos leads bids for Chevron’s Singapore oil refinery stake
Other suitors for the 50% stake in Singapore Refining Company include commodity giants Glencore and Vitol.
A Hindustan Petroleum oil refinery in Mumbai. Executives at four companies that account for more than 80% of India’s oil-processing capacity say they were caught off guard by U.S. President Donald Trump's remarks that the South Asian nation would halt buying Russian crude.
BUSINESS
Oct 17, 2025
India refiners to trim Russia oil buying as Trump sows confusion
India has flip-flopped between defying the U.S. and crimping Russian imports in response to pressure from Washington to cut back.
Hedge funds are trying to hire more in Japan, as traders look to power markets in the country with more green energy and uncertainties surrounding nuclear plant restarts.
BUSINESS / Markets
Apr 9, 2025
Hedge funds eye volatile Asia power markets with new hires
They are pushing into the region with the aim of offsetting declining profits from mainstay commodities.
Container ships and bulk carriers off Singapore's shores on Feb. 19
ASIA PACIFIC
Jun 13, 2024
Singapore port container logjam worsens as ships avoid Red Sea
The congestion is only emerging now because it took time for the port to reach its maximum utilization level.
Travelers in a departure hall at Haneda Airport in Tokyo on April 26. For environmentalists, the resurgence of tourism will be met with dismay as it drives an accompanying surge in carbon emissions, but for the oil industry, the revival is a welcome boost.
ENVIRONMENT / Climate change
Jun 10, 2024
The world’s flying again and jumbo jets are burning fuel like it’s 2019
But despite this year’s record number of flyers, increased efficiency will likely hold back fuel consumption to prepandemic levels.
Mercuria Energy Group is gearing up to engage in physical power trading in Japan.
BUSINESS / Companies
Apr 5, 2024
Mercuria joins trader push into Japan’s spot electricity market
That follows moves by other European energy companies, including BP and Engie, to expand in one of the biggest power-consuming nations.
Japan Times
ASIA PACIFIC
May 21, 2023
Crippling heat waves deepen Asia’s reliance on Russian energy
What began as a push from the Kremlin has now turned into a pull from Asian economies anxious about making sure their power generators are supplied with enough fuel.
Japan Times
BUSINESS
Feb 5, 2023
Oil’s new map: How India turns Russian crude into the West’s fuel
New Delhi has faced little public blowback because it’s meeting the West’s twin goals of crimping Moscow’s energy revenue while preventing an oil supply shock.
Uruguay federation reportedly cancels charter flight after World Cup exit
Uruguay's Jose Maria Gimenez reacts after the team's loss against Spain at the 2026 FIFA World Cup on Friday.
Inside Japan’s rigid adoption system, a British family finds a way
James Benstead, his wife, Jesse, and their three children. Their adopted son is in the rear stroller.
India’s gig workers pay the price for exposure to New Delhi’s hazardous air
Rohit Kushwaha waits for a customer as he delivers his last parcel of the day, in New Delhi in January. His work as a delivery driver has helped pay the family’s bills, but has had a significant impact on his health.
Yen hits 40-year low against the dollar, breaking ¥162 level
Japan's currency broke ¥162 to the dollar on Tuesday in Tokyo.
Japan falls in gut-wrenching fashion as Brazil strikes late to win World Cup clash
Brazil's Gabriel Martinelli (right) shoots past Japan defenders Shogo Taniguchi (left) and Takehiro Tomiyasu to score in the second half of a match in the round of 32 at the 2026 FIFA World Cup in Houston on Monday.
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."
Inside Japan’s rigid adoption system, a British family finds a way
James Benstead, his wife, Jesse, and their three children. Their adopted son is in the rear stroller.
A French ship with close ties to Japan combines arts and sciences on the high seas
Romain Troublé, the executive director of Tara Ocean Foundation, speaks to visitors aboard the Tara during a rare port call in Tokyo in April.
In Kyushu’s far south, Senti.U sparks a culinary destination
Chef Yasuhiko Uchida was born in Saga Prefecture but has made his home in Kanoya, Kagoshima Prefecture, since 2012.
‘The colors speak for themselves’: How Japan’s chroma bible went global
“A Dictionary of Color Combinations” is meant to function as a quick-reference guide for artists, designers and anyone with a passing interest in aesthetics as a quantifiable pursuit.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

The Terasaka Rice Terraces are seen with Mount Buko in the background.
What Yokoze can teach Japan about rural revival
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