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United States President Donald Trump has issued a stark warning that the North Atlantic Treaty Organization faces a “very bad” future if European allies refuse to contribute military resources toward reopening the Strait of Hormuz, the strategic waterway effectively closed by Iran during the escalating Mideast conflict. Speaking to The Financial Times in a…
Tokyo has moved ahead of its international partners. Japan will begin releasing strategic petroleum reserves as early as Monday, Prime Minister Sanae Takaichi announced on Wednesday, in a unilateral step that signals the depth of concern in the world’s fourth-largest economy over a rapidly deteriorating energy supply outlook tied to the widening conflict in…
