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June 30, 2026
 

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OIL

Prime Minister Sanae Takaichi answers a question during a House of Representatives budget committee session in Tokyo on Thursday.
JAPAN / Politics
Jun 5, 2026
Takaichi still highly popular despite slide in approval ratings
The lower ratings in two of three recent media polls come amid concerns over rising prices and the availability of crude oil-derived naphtha due to the Middle East conflict.
A crude oil tanker and a bulk carrier anchored off Long Beach, California, last month. Conflict in the Middle East has sparked a global fuel crunch.
BUSINESS
Jun 4, 2026
Oil falls as Israel and Lebanon agree to conditional ceasefire
The oil market’s main focus remains on the Strait of Hormuz, a key waterway through which one-fifth of global crude normally passes.
Kuwaiti officials inspect damage inside a terminal at Kuwait International Airport following a drone and missile attack on Wednesday.
WORLD
Jun 4, 2026
After strikes against Kuwait, Lebanon ceasefire raises hopes of progress for Iran deal
Iranian attacks damaged Kuwait’s airport and injured dozens while the U.S. military carried out strikes near the Strait of Hormuz.
India’s oil demand growth this year could tumble to its lowest level since the pandemic as the fallout from the Middle East conflict saps fuel consumption.
ASIA PACIFIC
Jun 3, 2026
India’s oil demand growth set for post-pandemic low amid war crunch
India is heavily reliant on imported crude and fuels, and the Iran war has led to surging energy prices that are squeezing state-run refiners and weighing on the broader economy.
The Iran war highlights how geopolitical instability can become politically useful, allowing leaders to consolidate support and exert pressure on rivals even as ordinary citizens pay the human and economic price.
COMMENTARY / World
Jun 3, 2026
The politics of chaos in the Iran conflict
As long as chaos remains politically and economically rewarding, such conflicts will remain difficult to contain.
Japan bought about 1 million metric tons of bananas last year, making the fruit one of the country’s most important grocery staples.
BUSINESS / Economy
Jun 2, 2026
Japan faces banana shortage as impact from Middle East conflict spreads
The country ships in the tropical fruit while it’s still green, then ripens it in rooms filled with ethylene, but supplies of the naphtha-derived gas are running low.
Rising global temperatures, worsened by climate change, war, trade disruptions and a looming El Nino, are increasingly threatening global food production.
COMMENTARY / World
Jun 2, 2026
The world’s food supply is under a quadruple attack
Heat makes it much harder to effectively grow crops, raise livestock and harvest fish, as detailed in an extensive new United Nations climate change report.
Smoke rises in Lebanon following an airstrike, as seen from the Israeli side of the Israel-Lebanon border on Monday.
WORLD
Jun 2, 2026
Lebanon announces partial ceasefire between Israel and Hezbollah, but attacks continue
Iran insists ‌on a halt to Israeli attacks in Lebanon as a condition of any deal to end the war, while the U.S. says the two conflicts are separate.
Most traders and analysts expect the Strait of Hormuz to reopen relatively soon because the economic consequences of a prolonged closure would be too severe.
COMMENTARY / World
Jun 1, 2026
What if the Strait of Hormuz didn’t reopen?
History doesn’t repeat, but it rhymes. So what if something similar were to happen in the Strait of Hormuz? It’s a nightmare few contemplate.
Japan's trucking industry is looking into introducing fuel surcharges amid uncertainties caused by the Iran war.
BUSINESS / Companies / FOCUS
Jun 1, 2026
Trucking industry eyes fuel surcharges as Iran conflict drives uncertainty
The move comes amid ongoing uncertainty over the long-term impact of the Iran war on crude oil supply.
The USS Thomas Hudner at sea on May 19. U.S. strikes on Iran's Gulf coast over the weekend were in response to "aggressive Iranian actions that included the shootdown of a U.S. MQ-1 drone that was operating over international waters," the U.S. Central Command ⁠said in a post on X.
WORLD
Jun 1, 2026
U.S. says it struck Iranian military sites as Tehran responds with air base attack
Air defenses in Kuwait, where a major U.S. base is located, were intercepting missile and drone attacks on Monday as ⁠sirens sounded across the country.
Capital expenditure excluding software fell 3.5% from the previous quarter in the three months through March, according to the Finance Ministry.
BUSINESS / Companies
Jun 1, 2026
Japan’s firms cut spending over Iran stress despite record profits
Capital expenditure excluding software fell 3.5% from the previous quarter in the three months through March, the Finance Ministry reported Monday.
Smoke billows from southern Lebanon, following Israeli strikes, as seen from Nabatieh, Lebanon, on Sunday.
WORLD
Jun 1, 2026
U.S. and Iran trade drafts of deal as Israel expands Lebanon assault
Israel is not party to the talks between the U.S. and Iran and it’s unclear whether it will agree to stop its side war in Lebanon if the war in Iran is resolved.
People wave Iranian national flags during an anti-U.S. and Israel protest in Tehran on Friday.
WORLD
May 31, 2026
U.S. says capable of resuming war with Iran as deal remains elusive
The White House had signaled Trump was close to a decision on a potential deal, though Tehran denied there was a final agreement on ending the conflict.
U.S. President Donald Trump speaks during a Cabinet meeting in the Cabinet Room of the White House in Washington on Wednesday.
WORLD / Politics
May 30, 2026
Trump insists on red lines as Iran deal remains elusive
An Iranian state media report also rebutted several key elements of Trump’s characterization of the deal, with sources calling his remarks a “mixture of truth and lies.”
The coastline of Funafuti Atoll, Tuvalu. A trust fund set up to help a South Pacific nation gravely threatened by climate change has invested in coal mining, gas exploration and the world's largest crude oil refinery.
ASIA PACIFIC
May 28, 2026
Fund for climate-exposed Pacific nation invests in fossil fuels
A trust fund set up to help a South Pacific nation gravely threatened by climate change has invested in coal mining, gas exploration and the world’s largest crude oil refinery.
U.S. President Donald Trump during a cabinet meeting at the White House in Washington on Wednesday
WORLD / Politics
May 28, 2026
Trump’s Iran bind deepens with Hormuz shut and hawks pushing war
Adding to the challenge are his own comments lambasting his predecessors for deals similar to the one that has the best chance of success.
"Japan’s experience shows that oil price shocks are never just oil price shocks. They are tests of the entire inflation regime,” Bank of Japan Gov. Kazuo Ueda said Wednesday in a speech to open a two-day international banking conference in Tokyo.
BUSINESS / Economy
May 27, 2026
BOJ’s Ueda warns of oil shock’s impact on entire inflation regime
Following the outbreak of the Middle East conflict, Ueda has repeatedly said that the central bank needs to pay attention to upside inflation risks.
A man holds a photo of Mojtaba Khamenei, the new supreme leader, at a memorial ceremony for the victims of the war with the U.S. and Israel, in Tehran on Sunday.
WORLD
May 27, 2026
Iran says new U.S. strikes violate ceasefire
The war ⁠has caused an unprecedented oil supply shock, pushing up the costs of fuel, fertilizer and food.
A memorial ceremony for victims of the war with the U.S. and Israel, in Tehran on Sunday
WORLD
May 26, 2026
Trump hails progress on peace as U.S. strikes Iran and Israel attacks Lebanon
American forces hit missile launch sites in Iran and boats trying to place mines, while Israel struck sites in southern Lebanon after Hezbollah drone attacks.
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.
Chinese and Russian bombers and fighter jets stage joint patrol near Japan
A Chinese Air Force H-6 bomber is seen during a joint patrol with Russian military aircraft on Saturday.
U.S. missile moves in Japan send China clear message: A new era has arrived
Soldiers conduct the first Typhon midrange capability live-fire exercise outside of the continental United States, firing an SM-6 missile in July last year in Australia's Northern Territory during Exercise Talisman Sabre.
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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