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July 01, 2026
 

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OIL

Higher crude oil and naphtha prices have pushed up the costs of packaging and raw materials, leading to price increases mainly for processed foods, including instant noodles, and bread products.
BUSINESS / Economy
Jun 30, 2026
Japan to see price hikes for 2,566 food items in July
Higher crude oil and naphtha prices have pushed up the costs of packaging and raw materials, leading to price increases mainly for processed foods like instant noodles.
Vessels anchored around Qaboos Port in Muscat, Oman, on June 22.
WORLD
Jun 30, 2026
Iran ratchets up talk of controlling Hormuz ahead of new talks
That stance will add to the pressure around the next round of talks, which the U.S. has said are set to take place in Qatar on Tuesday.
People cross a street past a billboard depicting Iran's slain supreme leader Ali Khamenei kissing the slain Islamic revolutionary guards commander Qasem Soleimani near the shrine of Imam Hussein Iraq's holy city of Karbala, displayed on the facade of a building in Tehran on Monday.
WORLD / Politics
Jun 30, 2026
U.S. and Iran negotiators head to Doha, but meeting uncertain
U.S. President Donald Trump is sending his son-in-law Jared Kushner and his envoy Steve Witkoff to lead the negotiating team, according to his ​press secretary Karoline Leavitt.
Shoppers carry groceries in plastic bags as they walk through a traditional market in Keelung, Taiwan, on June 9.
BUSINESS
Jun 29, 2026
Asia’s vendors grapple with rising costs of ever-present plastics
Vendors say they do not have a practical alternative to the plastic products they use on a daily basis.
U.S. President Donald Trump appears on a screen, during an event organized by the U.S. Mission to Belgium to mark the 250th anniversary of American independence, in Brussels on Sunday.
WORLD / Politics / FOCUS
Jun 29, 2026
Trump’s U-turn on Iran sanctions would unravel decades of curbs
Iran is one of the most sanctioned nations on Earth but Washington is attempting a stunning reversal to open the Strait of Hormuz, lower energy prices and end its unpopular war.
U.S. President Donald Trump at an event in the Oval Office of the White House in Washington on Friday
WORLD
Jun 28, 2026
U.S. and Iran clash, putting fragile deal under growing strain
The exchanges underscored the fragility of a Pakistan-brokered peace process aimed at ending a war launched by the United States and Israel in February.
U.S. President Donald Trump speaks during the Faith & Freedom Coalition event in Washington on Friday.
WORLD
Jun 27, 2026
U.S. and Iran trade strikes, putting new strain on Mideast ceasefire
The U.S. said its strikes were a response to “unwarranted aggression against commercial shipping by Iranian forces” that “clearly violated the ceasefire.”
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.
Signs inform of nonworking fuel pump nozzles at a gas station, as, some regional filling stations face gasoline shortages due to production cuts at major refineries, amid the Russia-Ukraine conflict, in Rostov-on-Don, Russia, on Tuesday.
WORLD
Jun 24, 2026
Russia’s gasoline crunch spreads after refinery attacks
On an almost daily basis, regional governors in Russia are being forced to limit sales of fuel at filling stations and to try to deter panic buying.
The coastline of Funafuti Atoll in Tuvalu. Gravely threatened by rising seas, the low-lying island nation relies on a $200 million trust fund to help foot the ballooning costs of climate change.
ENVIRONMENT / Climate change
Jun 23, 2026
Australia withholds climate fund reports over risk of diplomatic ‘damage’
Australia is the largest contributor to the Tuvalu Trust Fund, which has been invested on Tuvalu’s behalf in funds exposed to coal mining, gas exploration and a crude oil refinery.
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.
The Iranian capital Tehran on Monday, when the United States temporarily suspended sanctions on Iranian oil after Vice President JD Vance said Iran would allow UN nuclear inspectors to return to the country following talks in Switzerland.
WORLD / Politics / ANALYSIS
Jun 23, 2026
Unraveling U.S. sanctions on Iran unlikely to be quick or easy
At issue is whether an interim U.S. deal with Iran can translate into lasting economic relief.
An Iranian flag flutters in the wind near a ship anchored in the Strait of Hormuz near Larak Island, Iran, on May 16.
WORLD / Politics
Jun 23, 2026
Iran oil waiver offers lifeline to Tehran as talks proceed
Hanging over the delicate discussions is the status of the Strait of Hormuz and the continued fighting in Lebanon.
U.S. Vice President JD Vance (back right) looks on next to U.S. President Donald Trump's son-in-law Jared Kushner (back center), as Iranian Foreign Minister Abbas Araqchi shakes hands with Pakistani Prime Minister Shehbaz Sharif before the start of a quadrilateral meeting between the U.S., Iran, Pakistan, and Qatar aimed at advancing a deal to end the Middle East conflict, at the Buergenstock resort near Lake Lucerne, Switzerland, on Sunday.
WORLD / Politics
Jun 22, 2026
U.S. and Iran make ‘major progress’ in talks aimed at lasting peace deal
Plenty of obstacles remain, however, including Israel’s war in Lebanon against Hezbollah, an Iran-backed militant group.
U.S. President Donald Trump arrives to attend the Group of Seven summit, in Evian, France, on June 15.
BUSINESS / Economy
Jun 21, 2026
Trump’s fears about economy undercut U.S. leverage in Iran talks
U.S. President Donald Trump cited the prospect of global economic collapse as a big reason he signed an interim peace deal. That could cost him in talks.
Black smoke rises from the area of the Russian oil producer Gazprom Neft's Moscow oil refinery on the south-eastern outskirts of Moscow on Thursday.
WORLD
Jun 20, 2026
Ukraine’s biggest strike on Moscow spurs fuel shortage fears
The reality of four years of war pushed deeper into everyday life on Thursday when a swarm of nearly 200 drones hit Moscow’s oil refinery.
Ukrainian drones struck an oil refinery in southeast Moscow on Thursday for the second time in three days, igniting a fierce blaze that spewed out ​clouds of black smoke.
WORLD
Jun 19, 2026
Ukraine brings the war to Moscow as huge blasts shake refinery
The attacks are part of a wider Ukrainian campaign to cripple the oil industry whose revenues finance Russia’s ‌war effort.
Vessels in the Strait of Hormuz are seen near a beach in Bandar Abbas, Iran, on Wednesday.
BUSINESS / Markets
Jun 18, 2026
Wave of Persian Gulf oil set to leave Asian refiners swamped
The situation is a stark reversal from the early stages of the Iran war, when prices were spiking and the oil market was warning of dramatic shortages.
Black smoke rises from the area of Gazprom Neft's Moscow oil refinery after a Ukrainian drone strike, as seen from a shopping mall on Thursday.
WORLD
Jun 18, 2026
Ukraine hits Moscow refinery in large-scale drone attack on Russian capital
Russia’s defense ministry said 555 drones were shot down across the country. Sobyanin said 180 were shot down around Moscow alone.
People walk past a sign with a picture depicting U.S. President Donald Trump in Tehran on Wednesday.
WORLD / Politics
Jun 18, 2026
What challenges could stand in the way of a final U.S.-Iran deal?
Most analysts are skeptical the two sides can forge a final settlement within the 60-day window laid out by both sides.
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.

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