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Economy Apr 10, 2026

Japan to Release Additional Oil Reserves Amid Middle East Crisis

Japan will release additional oil reserves in early May to address growing concerns over energy sho…
Japan's Prime Minister, Sanae Takaichi, announced on Friday that the country will release additional oil reserves early next month, equivalent to roughly 20 days' worth of oil, to ensure a stable supply of crude oil. This move comes as concern grows over energy shortages caused by the crisis in the Middle East.This will be the second time Japan has dipped into its strategic reserves since the US-Israel war on Iran started in February. Last month, Takaichi approved the release of 50 days' worth of oil, the government's biggest ever release, in an attempt to head off a spike in prices.Japan has enough oil in reserve to last 230 days, but it also imports 95% of its crude oil from the Middle East, most of which is transported through the Strait of Hormuz. The country is trying to secure oil from locations that do not ship via the Strait of Hormuz, amid uncertainty over whether the waterway will fully reopen after a two-week conditional ceasefire announced by Donald Trump this week.By May, Japan should be able to secure more than half of its oil imports via other routes, Takaichi said, although she did not provide details. The industry ministry has said that potential new sources for imports could include Yanbu on Saudi Arabia's Red Sea coast and the Port of Fujairah in the United Arab Emirates.The decision to tap into oil reserves for a second time came as pressure grew on Japan's government to resist US pressure to become militarily involved in the conflict. More than 100 demonstrations were held across the country on Wednesday, with protesters urging Takaichi to abide by the postwar constitution, which forbids Japan from using the threat or use of force as a means of settling international disputes.
#Japan #Strategic Petroleum Reserve #Middle East crisis
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Politics Apr 09, 2026

Al-Aqsa Mosque Sees Record Attempts to Smuggle Animal Sacrifices During Passover

Israeli settlers made a record seven attempts to smuggle animal sacrifices into the Al-Aqsa Mosque …
Israeli settlers have made a record number of attempts to smuggle animal sacrifices into the Al-Aqsa Mosque compound during the Jewish Passover festival. A total of seven incidents were documented, the highest number since the Israeli occupation began in 1967.The attempts took place while the 144-dunum (36-acre) compound, along with the Church of the Holy Sepulchre, was sealed off for 40 consecutive days due to security concerns linked to the US-Israel war on Iran. Despite the restrictions, settlers successfully reached the borders of the Old City with their sacrifices on at least two occasions before being stopped.Experts argue that the incidents are part of a long-term strategy by far-right 'Temple Mount groups' to encroach on Al-Aqsa, with the aim of taking it over. The groups view the sacrificial rituals as highly symbolic, signifying a transition from waiting to actual field action.The Palestinian Authority has warned that the push for animal sacrifices represents the 'peak of weaponising religious rituals as a colonial tool' to Judaise the mosque. Suhail Khalilieh, a political analyst and expert on Jerusalem affairs, described the Israeli police's detention of settlers as a 'theatrical play' designed to absorb local and international anger while allowing gradual changes on the ground.The use of artificial intelligence-generated images has also been employed by settler groups to rally support and normalise the practice of animal sacrifices within Israeli society. Khalilieh warned that this poses a 'real strategic threat', as it shifts the idea from being a limited, fringe concept to a full popular demand.
#Al-Aqsa Mosque #Israeli settlers #Passover
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News Apr 09, 2026

US Reiterates Opposition to Iran's Uranium Enrichment as Ceasefire Talks Loom

The White House has reaffirmed that the United States will not accept Iran's right to enrich uraniu…
The White House has reiterated that the United States continues to reject any uranium enrichment inside Iran, reaffirming that US President Donald Trump did not agree to a 'wish list' submitted by Tehran. The US stance on uranium enrichment remains a major point of contention in talks between the two countries.Trump's spokesperson, Karoline Leavitt, suggested that the 10-point proposal put forward by Iran as the basis for a ceasefire in the US-Israel war on Iran differs from the proposal published by the government in Tehran. The proposal included Iran's right to enrich uranium, which the US has rejected."The president's red lines, namely the end of Iranian enrichment in Iran, have not changed," Leavitt said. This stance has been a major sticking point in previous talks between Tehran and Washington.Domestic uranium enrichment has been a contentious issue, with Iran insisting on enriching its own uranium as a national right, while the Trump administration has pushed for dismantling the Iranian nuclear programme altogether. The US and Israel have claimed victory in the conflict, while Iran has also claimed success.After more than 38 days of war, Washington and Tehran announced a two-week ceasefire that will see the US stop its attacks and Iran reopen the Strait of Hormuz. The first round of negotiations will take place in the Pakistani capital, Islamabad, on Saturday, led by US Vice President JD Vance, Special Envoy Steve Witkoff, and Trump's son-in-law, Jared Kushner.However, Iran's Parliament Speaker Mohammad Bagher Ghalibaf cast doubt over the fate of the talks, citing US and Israeli violations of the ceasefire. The talks' success remains uncertain amid these tensions.
#iran #trump #list
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World Economy Apr 09, 2026

OpenAI Puts UK AI Investment on Hold Citing High Energy Costs

OpenAI has put on hold its plans for a landmark UK investment, Stargate UK, citing high energy cost…
OpenAI has put on hold plans for a landmark UK investment, Stargate UK, citing high energy costs and regulation, in a blow to the government which has put AI at the centre of its growth strategy.The Stargate project was part of the UK-US AI deal announced last September, in which US companies appeared to commit £31bn to the UK’s tech sector. The project aimed to support Britain in building out “sovereign compute” – infrastructure that would allow the government and other UK institutions to run AI models on datacentres in the country.Victoria Collins MP, the Liberal Democrat spokesperson for science, innovation and technology, said: “This is a wake-up call for the government to manage energy costs in the UK and foundation infrastructure.”The Labour MP Clive Lewis said: “When a government has no economic strategy worthy of the name and no real industrial vision, it becomes vulnerable.”An OpenAI spokesperson said: “We see huge potential for the UK’s AI future, and we support the government’s ambition to be an AI leader. We continue to explore Stargate UK.”High energy costs, rising further because of the US-Israel war on Iran, are expected to delay or derail AI datacentre projects worldwide. The UK’s industrial electricity prices were already the highest in Europe before the start of the war.
#openai #government #stargate
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Environment Apr 09, 2026

UK's Food Security Crisis: A Wake-Up Call for Sustainable Solutions

The UK's reliance on oil for food transportation and production has exposed vulnerabilities in its …
The UK's food system is heavily dependent on oil, which is used for transportation, fertilizers, and other aspects of food production. This dependency on oil has been highlighted by recent global events, including the US-Israel war on Iran and Russia's invasion of Ukraine. Experts argue that the UK needs to take a more proactive approach to food security, rather than waiting for a crisis to occur. This includes diversifying food supplies, growing more of its own food, and engaging the public in protecting itself from future shocks. The UK's food system is also vulnerable to disruptions caused by climate breakdown, ransomware attacks, and other hybrid threats. To address this, the government needs to prioritize food security and develop a more comprehensive approach to protecting the country's food supply. Some of the key recommendations for improving food security in the UK include: Regionalizing food production to reduce reliance on long-distance transportation and promote local food systems. Applying defense-strategy thinking to food security, including protecting food supply chains from disruptions and attacks. Prioritizing public engagement and education on food security, including providing guidance on nutrition and resilience. Rebuilding a regional horticulture sector to increase domestic food production and reduce reliance on imports. Addressing food inequality and ensuring that everyone has access to nutritious food. Overall, the UK's food security crisis is a wake-up call for sustainable solutions. By taking a proactive and comprehensive approach, the country can reduce its vulnerabilities and ensure a more resilient food system for the future.
#DEFRA #AgriTech #vertical farming
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Sports Apr 08, 2026

Doha Diamond League Postponed Due to Middle East Tensions

The Doha Diamond League, set to be the season-opening event for the 2026 Wanda Diamond League, has …
World Athletics has announced the postponement of the Doha Diamond League, citing concerns for athlete and spectator safety as the US-Israel war on Iran continues to impact the Middle East. The event, originally scheduled for May 8, has been rescheduled for June 19, pending a favorable safety and security situation in the region.The decision to postpone the event was made in the interest of ensuring a safe and secure competition for athletes, media, and spectators. World Athletics has been closely monitoring the situation in Doha and working with local organizers, Qatari authorities, and other stakeholders to assess the risks.The escalating tensions in the Middle East, including missile and drone attacks on Gulf states, have prompted the postponement. Despite a two-week ceasefire deal between Iran and the United States, mediated by Pakistan, the region remains volatile.The Doha Diamond League will now take place at the Khalifa International Stadium, a temperature-regulated venue with air cooling vents, which previously hosted the World Athletics Championships in 2019 and the FIFA World Cup 2022.The event is part of the 2026 Wanda Diamond League season, which will begin in Shanghai on May 16 and conclude with the Diamond League final in Brussels on September 5. The Doha meeting will be the eighth leg of the season, falling between the Bislett Games in Oslo on June 10 and the Meeting de Paris on June 28.
#Doha #Wanda Diamond League #US-Israel war
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News Apr 08, 2026

US Journalist Shelly Kittleson Released by Iraqi Armed Group Kataib Hezbollah

The Iraqi armed group Kataib Hezbollah has announced the release of US journalist Shelly Kittleson,…
The Iraqi armed group Kataib Hezbollah, which is backed by Iran, has announced that it will release Shelly Kittleson, a journalist from the United States. Kittleson was abducted in the Iraqi capital of Baghdad on March 31, prompting calls for her release from press freedom groups.The group said on Tuesday that Kittleson would be freed on the condition that she leave Iraq immediately. An anonymous Iraqi official confirmed her release to The Associated Press on Tuesday afternoon.Kittleson, a 49-year-old freelance reporter, had been kept in detention in Baghdad. Her release comes at a moment of heightened tension in Iraq, where Iran-backed groups have carried out attacks on US forces amid the US-Israel war on Iran.The decision to release Kittleson was reportedly made in response to 'the national stances of the outgoing prime minister' of Iraq, Mohammed Shia al-Sudani. Abu Mujahid al-Assaf, a security official with the group, warned that the 'exceptional gesture' would not be repeated again.The Associated Press reported that Kittleson was released in exchange for several imprisoned Kataib Hezbollah members, citing anonymous members of the militia. During her detention, publications Kittleson had worked for, including Al-Monitor, praised her for her commitment to covering conflicts in the Middle East.
#her #kittleson #group
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World Economy Apr 08, 2026

US-China Economic Stability to be Key Focus in Trump-Xi Meeting

The United States and China are aiming to maintain stability in their economic and trade relationsh…
The United States and China have settled into a stable economic situation, with the US able to access Chinese rare earth minerals and maintain substantial tariffs on Chinese goods. US Trade Representative Jamieson Greer stated that the goal of the upcoming meeting between US President Donald Trump and Chinese President Xi Jinping is to maintain this stability.Greer emphasized that the US is not seeking massive confrontation with China, but rather a stable relationship that allows for continued access to critical minerals. The two countries have been discussing issues related to rare earths, including minerals that pass through third countries before reaching the US.The Trump-Xi summit, postponed from March to mid-May due to the US-Israel war on Iran, will also address the formation of a board of trade mechanism to determine sustainable trade between the two countries. Additionally, there have been discussions about a possible board of investment to address discrete issues related to investments.The US is also working on plurilateral agreements to boost alternative supplies of critical minerals, but these need price floor mechanisms to protect production from potential future predatory price cuts by China. Greer noted that the US and China are working to resolve the rare earths issue at the ministerial and staff levels, hoping to avoid bringing it up at the leaders' meeting.
#greer #chinese #rare
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Politics Apr 07, 2026

Pakistan Proposes Two-Phase Truce to End US-Israel War on Iran

Pakistan has proposed a two-stage plan to end the US-Israel war on Iran and reopen the Strait of Ho…
Pakistan has put forward a two-phase plan to bring an end to the ongoing conflict between the US, Israel, and Iran, and to reopen the strategically critical Strait of Hormuz. This initiative has been shared with both Iran and the United States, and is currently being considered by both sides.According to sources, Esmaeil Baghaei, spokesman for Iran's Ministry of Foreign Affairs, has acknowledged Pakistan's diplomatic efforts. The plan, tentatively referred to as the 'Islamabad Accord', involves an immediate ceasefire and the reopening of the Strait of Hormuz, with 15 to 20 days allocated to finalize a broader settlement.The proposed agreement would include Iranian commitments not to pursue nuclear weapons in exchange for sanctions relief and the release of frozen assets. However, Tehran has responded by stating that it will not reopen the strait as part of a temporary ceasefire, and has expressed skepticism about the proposal.The US has not yet responded to Pakistan's plan, while Iran has rejected a 15-point plan put forward by the US last month, describing it as 'illogical'. The conflict has resulted in significant human suffering, with over 2,000 people killed in Iran since the war began on February 28.The situation remains volatile, with Trump threatening 'hell' on Tehran if a deal is not reached by the end of Tuesday. The international community is closely watching the developments, as the Strait of Hormuz remains a critical artery for global fuel supplies, with over 20 percent of the world's oil and gas passing through the waterway.
#Pakistan #Iran #United States
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