A US-Iran deal will reopen the Strait of Hormuz, easing global energy supply concerns. However, unresolved disputes mean future flare-ups are possible, and tanker traffic may not fully return to pre-war levels soon, likely keeping oil prices higher.
Several Indian Union ministers carpooled to a cabinet meeting, following Prime Minister Narendra Modi's suggestion to reduce vehicle fleets. This move emphasizes sustainability and leads by example amid global energy concerns.
Russian President Vladimir Putin arrived in Beijing for a two-day visit, emphasizing the "unprecedented level" of Russia-China relations and pledging mutual support. The trip, coinciding with the 25th anniversary of a friendship treaty, aims to deepen diplomatic and energy ties amid global supply disruptions.
Tokyo's metropolitan government is allowing employees to wear shorts to work as part of an expanded Cool Biz energy-saving programme, citing rising temperatures and potential energy supply pressures linked to the Middle East conflict. Governor Yuriko Koike, who originally championed the initiative as environment minister, is supporting the relaxed dress code including polo shirts, T-shirts and sneakers. Japan recorded its hottest year since records began in 1898, with temperatures exceeding 40°C now formally classified as "cruelly hot" days.
