Iran tensions: News & Insights - Nikkei Asia

    Iran tensions

    A member of Houthi security forces stands next to a poster of Houthi leader Abdul-Malik al-Houthi, in Sanaa, Yemen, on Oct. 7. 
    Opinion

    Asian countries should consider sanctions on the Houthis

    Iran-backed group lost their cause by seizing Yemen's Red Sea coast

    16 October 2026
    Imabari Shipbuilding's Saijo Shipyard will expand its facilities in Japan with assistance from a government-backed fund. (Photo obtained by Nikkei)
    16 October 2026
    Vessels at the Strait of Hormuz, as seen from Musandam, Oman, on Oct. 2.
    Iran war

    Container ship sinks near Hormuz after being hit by projectile

    Singapore-flagged vessel's crew was safely evacuated, authorities say

    15 October 2026
    Vehicles line up for fuel at a gas station run by Indonesia's state energy company Pertamina in Denpasar, Bali, on Oct. 13.
    Energy

    Indonesia fuel shortages spread to Bali, other regions as prices climb

    State energy company faces 'growing pressure on cash flow,' analyst warns

    14 October 2026
    A container terminal in Singapore. The city-state's exports are expanding due to high demand in the technology sector.
    Economy

    Singapore Q3 GDP grows 5.4% on sustained AI-driven demand

    Central bank maintains monetary policy, says inflation to ease from mid-next year

    14 October 2026
    Vietjet passengers were given souvenirs on the airline's first-ever flight outside Asia-Pacific when an Airbus A330 flew from Hanoi to Prague in the Czech Republic via Almaty in Kazakhstan on Oct. 10. (Vietjet)
    Transportation

    Vietjet's maiden Prague flight reveals Vietnamese carrier's global ambition

    Budget airline prepares more European flights, taps growing underserved markets

    12 October 2026
    A North Sea oil rig off the coast of Norway.
    Energy

    Record price for physical Brent shows how badly the world wants oil now

    Gap between crude scheduled for delivery and futures is the widest ever

    12 October 2026
    U.S. President Donald Trump and Russian President Vladimir Putin met in Anchorage, Alaska, in 2025. 
    International relations

    Trump says Russia to immediately supply 300,000 tons of diesel fuel

    US president touts "highly successful" discussion with Putin

    10 October 2026
    Ministers from the Asia Zero Emission Community met in Manila on Thursday. (Photo by Yuki Fujita)
    Energy

    Japan-led Asia decarbonization bloc pivots to oil stockpiling measures

    Mideast volatility has countries prioritizing energy security over green initiatives

    9 October 2026
    South Korea's Incheon airport, near Seoul, became the world's busiest international hub for the first time in the first half of 2026.
    Transportation

    Geopolitical headwinds hit airlines as Asia-Pacific tops route rankings

    Region dominates international and domestic seat capacity but China tensions loom

    8 October 2026
    Philippine reliance on Middle Eastern oil forced the country to adopt emergency measures this year including restrictions on gasoline purchases.
    International relations

    Japan to help Hormuz-dependent Philippines bolster oil reserves

    Tokyo sees Southeast Asian energy security as crucial for its own economy

    8 October 2026
    From right, Turkey Foreign Minister Hakan Fidan, Pakistan Deputy Prime Minister Mohammad Ishaq Dar and Saudi Arabia Foreign Minister Prince Faisal bin Farhan Al Saud leave a committee meeting of the Mecca defense pact in Riyadh on Oct. 5. (Turkish Foreign Ministry/Handout via Reuters)
    Defense

    Pakistan, Turkey to deploy forces in Saudi Arabia amid Houthi attacks

    Decision based on trilateral defense pact signed in August

    6 October 2026
    Motorcycle riders wait at a gas station in Hanoi on March 9. Vietnam has extended fuel-related tax breaks through the end of 2026 as it seeks to contain inflation and cushion the economy from energy supply disruptions.
    Energy

    Vietnam extends fuel tax breaks as energy supply disruptions drag on

    Revenue loss from measure estimated at $530m in fourth quarter

    6 October 2026
    A drone view on Oct. 2 shows vessels near the Strait of Hormuz, a crucial route for shipments of oil and gas.
    Energy

    Middle East crude oil exports exceed pre-war levels, tracking data shows

    Attacks on tankers continue in and around the Strait of Hormuz

    5 October 2026
    A oil tanker is being refueled in the waters off Singapore. Southeast Asia relies on the Middle East for energy.
    Energy

    Saudi Arabia and UAE to bolster Asia's oil reserves

    2 nations seen expanding exports and offering priority supplies in emergencies

    5 October 2026
    French President Emmanuel Macron, center, and other French officials in Paris hold a video conference with Group of Seven leaders Oct. 2, looking to coordinate action on tackling high fuel prices.
    Energy

    G7 countries agree on release of diesel and oil reserves after US pressure

    Statement says countries will refrain from energy product export bans

    3 October 2026
    JERA operates petroleum stockpiling bases across Japan, such as this one in Hokkaido. (Photo by Tomoki Mera) 
    Energy

    Japan's largest power producer JERA sets up oil storage company

    Uncertain situation in Middle East highlights importance of oil reserve

    2 October 2026
    A night view of Singapore: The city-state generates 95% of its electricity from natural gas. 
    Energy

    Singapore eyes bigger role in nuclear fusion industry

    City-state 'closely following' emerging technology as future energy option

    2 October 2026
    Oil futures have fallen from their recent peaks, with West Texas Intermediate crude trading around $90 per barrel on Sept. 30.
    Markets

    Oil retreat fails to halt bond yield rise in Japan, US

    Diesel ban threat, fiscal fears fuel bond jitters; central banks walk tightrope

    30 September 2026
    Japanese trading house Mitsubishi Corp. and partners including Shell will double the production capacity of a major Canadian LNG project. (Source photos by Hiroki Endo and Yutaka Miyaguchi)
    Energy

    Mitsubishi, Shell to double LNG Canada capacity in boost to Asian supplies

    Project to increase supply for Asia as region experiences Iran war energy disruption

    29 September 2026
    U.S. President Donald Trump waves as he arrives at Knoxville's McGhee Tyson Airport in Alcoa, Tennessee, US, Sept. 26.
    Iran war

    Trump rejects Iranian proposal to open Hormuz and end fighting

    US president says Tehran wants a deal 'because they have no money coming in'

    27 September 2026
    Chinese Vice President Han Zheng addresses the 81st United Nations General Assembly at UN headquarters in New York City, Sept. 26.
    US-China tensions

    China pushes back against US on Iran and Cuba in UN speech

    Han Zheng urges 'relevant country' to stop threatening Havana after Xi-Trump thaw

    27 September 2026
    Military leaders from Pakistan, Saudi Arabia and Turkey gather in Riyadh on Sept. 25. (Turkish Defense Ministry/Handout via Reuters)
    Middle East crisis

    Saudi coalition says it has intercepted Houthi missiles, drones

    Attacks come after military chiefs of Saudi Arabia, Pakistan, Turkey met in Riyadh

    26 September 2026
    Japan's Mitsui Chemicals group operates this ethylene plant in the city of Takaishi. (Mitsui Chemicals)
    Materials

    Surge in Chinese chemical imports puts Japan's industry on alert

    Intake of Chinese plastic materials jumps 52% from start of US-Iran war

    26 September 2026
    Average asking prices for existing condominiums in central Tokyo have also fallen for four consecutive months through August amid rising interest rates. (Photo by Tomoki Mera)
    Markets

    Global bond sell-off intensifies, hitting housing markets

    Japan's benchmark yield tops 3.1% as bets grow on cycle of Fed rate hikes

    25 September 2026
    Foreign ministers and military chiefs of Pakistan, Saudi Arabia and Turkey pose before the first committee meeting under the Mecca Joint Defense Agreement, in Istanbul on Aug. 31.
    Defense

    Houthi threat tests Pakistan's Mecca defense pact commitment

    Islamabad would lose diplomatic capital by intervening in Yemen, experts say

    25 September 2026
    U.S. President Donald Trump hosts Chinese President Xi Jinping in the Oval Office at the White House in Washington on Sept. 24.
    Trump-Xi Summit

    Xi urges limits on US-China rivalry, calls for human control of AI

    Chinese leader demands 'correct position' on Taiwan; Trump hails 'strides' in balancing trade

    25 September 2026
    Solar panels were installed on the Grand Mosque of Istiqlal in Jakarta. Indonesia is planning an ambitious project to develop 100 gigawatts of solar power in the next few years.
    Energy

    Iran war takes Southeast Asia's renewable plans to new heights

    Energy shock drives low-carbon policies, but grid and financing challenges remain

    25 September 2026
    The average U.S. retail diesel price for drivers hit a record-high $6.52 per gallon on Sept. 22 and climbed even higher in some places.
    Energy

    Sky-high diesel prices keep climbing as US weighs export ban

    Lack of refining capacity adds to headwinds from wars in Iran and Ukraine

    25 September 2026