U.S.-Iran tensions flare after Trump accuses Iran of attacking South Korean cargo ship U.S.-Iran tensions escalate after Trump accused Iran of attacking a South Korean cargo ship in the Strait …
Iran
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Business
China’s SWIFT alternative drives surge in yuan payments for Russia and Iran
by Sato Asahiby Sato AsahiYuan payments surge as China’s CIPS expands, reshaping oil and sanctions-era trade Yuan payments are rising rapidly as China’s Cross-Border Interbank Payment System (CIPS) expands, enabling Iran, Russia and other …
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Business
Asian Local-Currency Debt Surges as Iran War and US Rates Boost Issuance
by Sato Asahiby Sato AsahiAsia local currency debt market posts record issuance as Hong Kong, Singapore and Australia see surge Asia local currency debt market posts record issuance as Iran war, rising U.S. rates …
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Politics
Trump Rejects Iran Proposal and Warns of Possible New Military Strike
by Sui Yuitoby Sui YuitoTrump rejects Iran proposal, warns of possible retaliation as mediation falters President Trump rejects Iran proposal to end hostilities, saying on May 2, 2026 the terms are unacceptable and warning …
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Business
Iran resorts to decommissioned tankers for crude storage after Hormuz blockade
by Sato Asahiby Sato AsahiIran crude oil storage crisis deepens as tankers become floating reserves Iran crude oil storage woes intensify as U.S. Navy blockade of the Strait of Hormuz forces Tehran to store …
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Politics
Japanese tanker Idemitsu Maru granted passage through Strait of Hormuz by Iran
by Sui Yuitoby Sui YuitoIdemitsu Maru Transit Through Strait of Hormuz Signals Iran’s ‘Special Consideration’ for Japan Iran allowed Japanese tanker Idemitsu Maru to pass the Strait of Hormuz, a diplomatic move amid a …
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Politics
Iran May Deploy Mine-Equipped Dolphins Against US Navy in Persian Gulf
by Sui Yuitoby Sui YuitoIran May Deploy Mine-Equipped Dolphins as Gulf Naval Standoff Continues Amid a protracted U.S. maritime blockade, Iranian officials have raised the prospect of using mine-equipped dolphins against U.S. naval forces …
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Business
Japan trading houses diversify investments, boost LNG projects amid Iran war
by Sato Asahiby Sato AsahiJapan trading houses pivot to U.S. LNG and broader gas investments as climate targets are revised Japan trading houses pivot to U.S. LNG and natural gas investments as Mitsubishi Corp. …
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Politics
Iran offers new proposal to Pakistan, conditions talks on US lifting blockade
by Sui Yuitoby Sui YuitoIran’s New Proposal Conditions Talks on US Halt to Attacks and Lifting of Maritime Blockade Iran’s new proposal asks the US to halt attacks and lift its maritime blockade before …
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Business
Japanese trading houses report limited Iran war impact and predict profit rises
by Sato Asahiby Sato AsahiJapan’s trading companies predict profit rises despite Iran war as energy disruptions create upside Japan’s trading companies reported resilient earnings and forecast higher fiscal-year profits, saying supply-chain disruptions from the …