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Japan to Release Oil Reserves as Early as Monday: Takaichi

TOKYO: Japan will release oil reserves as early as Monday to ease pressure on the prices of gasoline and other energy, Prime Minister Sanae Takaichi said as the Middle East war sparked supply worries. "Without waiting for a formal decision on coordinated international stock releases with the IEA, Japan has decided to take the lead …

G7 Inches Closer To Tapping Oil Reserves To Tackle Price Rise

Paris : The Group of Seven advanced economies inched closer Wednesday to tapping strategic oil reserves to tackle the rise in crude oil prices due to the Middle East war as energy ministers said they stood ready to take "all necessary measures". The announcement came before G7 leaders were set to discuss the widespread economic …

Iran May Activate Sleeper Cells Abroad, US Intel Warns

The West Asia conflict is escalating at a scale few expected. Just days after multiple strikes on Iran and the assassination of Supreme Leader Ayatollah Ali Khamenei, the United States has reportedly intercepted encrypted communications believed to have originated in Iran. Authorities say the transmissions may serve as an “operational trigger” for “sleeper assets” outside …

Stranded Iran Sailors Put Sri Lanka, India in Diplomatic Dilemma

Colombo: Sri Lanka and India are providing sanctuary to 434 sailors from three Iranian naval vessels targeted or threatened by the United States, a diplomatic conundrum as the war spills into the Indian Ocean. The ships had taken part in a naval exercise organised by India off the coast of Visakhapatnam, when the United States …

Iran Bombs Tel Aviv in Latest Military Operation

Fifteen explosions were reported across Tel Aviv after Iranian ballistic missiles carrying cluster warheads targeted Israeli locations. Iran’s Islamic Revolutionary Guard Corps said the attack involved Khorramshahr, Fattah and Khaibar missiles along with strategic drones aimed at military targets linked to Israel and US forces. Air raid sirens sounded across Tel Aviv, Haifa and several …

Japan Prepares for Deployment of Its First Home-Developed Long-Range Missile

TOKYO: Japan is preparing to deploy its first batch of domestically developed long-range missiles , with their launchers arriving at an army camp Monday as the country accelerates its offensive capability in response to rising challenges in the region. The upgraded Type-12 land-to-ship missiles will be deployed at Camp Kengun in Japan’s southwestern prefecture of …