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Energy ministers of the Group of Seven (G7) on Wednesday affirmed their readiness to take “all necessary measures” regarding oil reserves, hours before a meeting of G7 leaders, amid sharp volatility in crude prices caused by the ongoing war in the Middle East.In a statement issued after a virtual meeting on Tuesday with Executive Director of the International Energy Agency (IEA) Fatih Birol, the ministers said that “G7 members will carefully consider the recommendations issued during these discussions.”They added that they support in principle the implementation of proactive measures to address the situation, including the use of strategic reserves, noting that coordination is ongoing within the G7 as well as with IEA member states and other partners.”We agreed to stand ready to take all necessary measures in coordination with IEA Members,” the statement said.The discussions followed a meeting of G7 finance ministers on Monday, which was followed by a meeting of energy ministers on Tuesday, to examine the option of using emergency oil reserves.Leaders of the G7 countries — Britain, Canada, France, Germany, Italy, Japan and the United States — are scheduled to hold a meeting later Wednesday, at the request of French President Emmanuel Macron, focusing on the war in the Middle East, with discussions expected to include the issue of strategic oil stockpiles.Emergency oil stocks held by IEA member countries currently exceed 1.2 billion barrels, in addition to about 600 million barrels held by industry under government mandates. Source link
S. Korea announces precautionary measures to maintain stable electricity price fluctuations
The South Korean government announced on Wednesday its intention to prepare a package of precautionary measures to maintain the stability of electricity prices, amid amid recent volatility in global energy prices following tensions in the West Asia.The Ministry of Climate and Environment in South Korea explained that Climate Minister Kim Sung-hwan presented this plan during a meeting with state-run utility companies, including Korea Electric Power and Korea Gas, to discuss ways to deal with the sharp rise in energy prices.Kim explained that the country has so far experienced only a limited impact on electricity prices as a result of the recent increase in global oil and natural gas prices, but that it will likely face financial pressures in the future if supply chains are disrupted further.Officials said the government measures will include restarting nuclear power plants undergoing maintenance in a timely manner, in addition to coal-fired power plants that were temporarily shut down to manage the seasonal fine-dust problem.The ministry also announced that it will work to enhance the growth of the renewable energy market, which is less affected by global energy prices, noting that it is the optimal solution to reduce the impact of volatility in South Korea’s energy system. Source link
The Iranian military ship IRIS Lavan is docked at a port in Kochi, India. (Reuters) Sri Lanka and India are providing sanctuary to 434 sailors from three Iranian naval vessels targeted or threatened by the US, 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 US and Israel began bombing Iran.For Sri Lanka and India, wary of a US response, the dilemma of what to do with the ships and crew has sent legal officials scouring conventions and the laws of the sea.IRIS Dena, a frigate, was sunk with a torpedo fired by a US submarine on Wednesday, just outside Sri Lanka’s territorial waters. Between 130 and 180 sailors were on board, and at least 84 were killed.Sri Lanka rescued 32 survivors, many since discharged from hospital to be hosted at the Koggala air force base in the island’s south.IRIS Lavan, an amphibious landing ship, docked in India’s southern port of Kochi on Wednesday. It had 183 sailors aboard, now hosted in naval facilities.IRIS Bushehr, a supply vessel, entered Sri Lankan waters on Thursday, carrying 219 crew members.Among those, 15 remain onboard to assist Sri Lanka’s navy, which has taken full control of the vessel. The total of Iranian sailors hosted by Sri Lanka is currently 251.The two South Asian nations have not taken sides in the Middle East war and have justified their decision to host the Iranian sailors on humanitarian grounds.”Our approach is that every life is as precious as our own,” Sri Lanka’s President Anura Kumara Dissanayake said in a statement.Sri Lanka maintains close ties with the US, its biggest export market, and Iran, a key buyer of tea, Sri Lanka’s main export commodity.Indian Foreign Minister Subrahmanyam Jaishankar spoke in parliament in New Delhi Monday about the sailors.”We believe that this was the right thing to do and the Iranian Foreign Minister has expressed his country’s thanks for this humane gesture,” Jaishankar said.Media reports suggested Washington was pressing Sri Lanka not to repatriate the Iranians.But a US State Department spokesperson said their fate was up to Colombo.”The US, of course, respects and recognises Sri Lanka’s sovereignty in the handling of this situation,” the spokesperson told AFP in Washington.What happens now? Sri Lanka is keeping the sailors from the two vessels apart because separate international conventions apply.International humanitarian law applies to the 32 survivors of the first vessel, the sunken IRIS Dena. That means they could be repatriated if they wish.But the second vessel, IRIS Bushehr and its 219 sailors, falls under the 1907 Hague Convention on the rights and duties of a neutral power, a senior administration official told AFP.That requires Sri Lanka to hold those sailors and their vessel until the end of hostilities. They are being held in a naval base, just north of Colombo.”The two groups need to be treated differently under our treaty obligations,” the official said, asking not to be named, saying Sri Lanka has asked the International Committee of the Red Cross for help.Colombo would follow the Hague Convention, the official added, noting it says that “a neutral power which receives on its territory troops belonging to the belligerent armies shall intern them”.But the 84 bodies recovered from the IRIS Dena will be sent back to Iran once logistics are possible, the government has said.Sri Lankan officials said India was also likely to treat the IRIS Lavan and its crew the same way as Colombo will deal with the IRIS Bushehr.But India, for its part, has not publicly addressed the fate or status of its Iranian guests. Related Story Source link
Turkiye on Tuesday announced the deployment of the US-made Patriot air defense system in the eastern province of Malatya as part of NATO’s collective defense arrangements, in a move aimed at strengthening the country’s air defenses amid rising regional tensions.In a statement, the ministry said the deployment is intended to enhance Turkiye’s air defense capabilities in light of evolving security developments in the region and to safeguard the country’s airspace and critical infrastructure.The Malatya region represents a key component of NATO’s missile defense architecture, hosting the alliance’s Kurecik radar base, which is used for early warning and the detection of missile threats.The move comes amid escalating military tensions in the region, prompting Turkiye to bolster its defensive measures in coordination with NATO allies.The ministry added that NATO’s air and missile defense forces had successfully intercepted a ballistic missile launched from Iran after it entered Turkish airspace on Monday. Source link
Escalation in the Middle East threatens regional, global economic stability: AU Commission Chairperson:
African Union (AU) Commission Chairperson Mahmoud Ali Youssouf warned that military escalation in the Middle East threatens regional and global economic stability. He expressed deep concern over recent attacks on critical infrastructure, including energy and transport facilities, which further heightened tensions and are threatening regional and global economic stability.Highlighting that such actions are disrupting vital supply chains and have far-reaching implications for international trade and energy markets, he condemned any violation of international law, including infringements on the sovereignty and territorial integrity of states.He called on all related parties to exercise maximum restraint, prioritize dialogue and diplomacy, and work toward a swift de-escalation of the situation, in accordance with the principles and objectives of the United Nations Charter. Source link
Nepal's centrist RSP party of rapper-turned-politician Balendra Shah had secured a majority in the direct parliamentary elections, partial official results showed Sunday, and was heading for a landslide according to official trends.The 35-year-old's Rastriya Swatantra Party (RSP) was also leading in the proportional representation vote, according to results declared and election commission trends.The vote was the first since deadly September 2025 youth anti-corruption protests toppled the government.Shah himself had on Saturday defeated the veteran four-time prime minister K P Sharma Oli — whose Marxist-led government was ousted in the violence last year — in his own seat.His victory over the 74-year-old Oli, and his rise from the capital's mayor to potential prime minister, marks one of the most dramatic results in recent Nepali politics.The September 2025 youth-led demonstrations, under a loose Gen Z banner, began over a brief social media ban but quickly tapped into broader grievances over corruption and a struggling economy.Elections on Thursday chose a new 275-member House of Representatives, the lower house of parliament, with 185 seats chosen directly, and 110 by a proportional representation vote.Poll monitors the Asian Network for Free Elections said Sunday that voting had been ‘peaceful and orderly and reflected continued public engagement with democratic processes despite recent political instability’.Sunday afternoon, 157 of the direct elections had been declared: RSP dominating with 121, Nepali Congress 17, and the Marxists of now-defeated Oli trailing with seven.Former Maoist guerrilla commander Pushpa Kamal Dahal, a three-time prime minister, won his seat, with his party holding seven in total.Trends showed Shah's RSP was also leading in half of the remaining eight constituencies in the direct elections.In the proportional representation vote, RSP was leading with nearly half of the counted votes — but final results could take several more days.Nepali Congress, the largest party in the past coalition government, also saw its new leader, Gagan Thapa, defeated by RSP.’Counting is moving forward smoothly in all remaining constituencies,’ Election Commission spokesman Narayan Prasad Bhattarai said, adding that final results will take a ‘few days’.The first-time parliamentary lawmaker Shah toured the streets of his new constituency on Saturday evening, wearing his signature dark sunglasses and waving from the sunroof of a car in a victory parade through cheering crowds who chanted ‘Balen’ — as he is better known.Shah, who did not make a speech, won more than three times more votes than Oli, who congratulated the winner, wishing him ‘a smooth and successful five-year tenure’.Nepal's government-formed investigation commission to probe the deadly September 2025 violence also submitted its report Sunday.No one has been held accountable for the deaths as yet.The report was handed to Sushila Karki, the interim prime minister.Karki said it would be up to the new government taking power to act — but that she hoped its key findings would be made public before she steps down.’We will not be here for its implementation, because we have to handover to the new government and go,’ she said.’But, I believe, that the next government will study and implement this.’Oli has denied ordering security forces to open fire on protesters, and has told AFP that he blames ‘infiltrators’ for the violence. Source link
A woman buys dates near the Sunan Ampel Mosque during the holy fasting month of Ramadan in Surabaya, Indonesia’s East Java province on March 8, 2026.…
A thin band of light from Cristian Lucanas’s headlamp pierces the blackness of a Philippine rainforest as he digs through the underbrush before gently scooping up a cockroach with his bare hands.As the Southeast Asian country’s lone expert on the oft-misunderstood insect — and discoverer of 15 species — friends have dubbed the soft-spoken scientist “Ipis Lord”, after the local name for the ubiquitous bug.While fully aware most view cockroaches as disgusting, disease-bearing pests, the 31-year-old University of the Philippines entomologist says they deserve more study — and credit — for their key role in the planet’s ecosystem.”I also hated cockroaches when I was a child,” Lucanas said with a grin during an interview with AFP in the college town of Los Banos, south of Manila.”Fear of cockroaches is innate,” he conceded, adding he usually tells people “I work in a museum” when asked about his job.His girlfriend, also an entomologist, is more understanding, though her work focuses on insects less reviled than the cockroach, of which there are more than 4,600 known species.”It’s possible the real total is double or even triple that,” said Lucanas, unable to hide his enthusiasm.”For the longest time, no one was studying them,” he said, calling it “sad” given the size and variety of the archipelago nation’s cockroach population.The massively biodiverse Philippines has about 130 known species, three-fourths of which are found nowhere else on earth.Lucanas thinks there could be another 200 local varieties yet to be documented.”Because of their outsized role in the ecosystem, its processes would be hampered if they disappear,” he said.Like dung beetles and earthworms, cockroaches are detritivores, built to eat and break down dead organic matter — including their own kind — and return them to the soil.While some cockroach species do carry disease-spreading microbes, a world without them would slow the process of decomposition crucial for sustaining ecosystems, he said.Birds and spiders would lose a key food source, and plants would absorb less carbon dioxide, potentially contributing to global warming.Even so, Lucanas keeps a can of bug spray handy at work, ready to kill any live cockroaches that might view the museum’s 250,000 preserved insect species as a potential snack.Lucanas’s obsession began 12 years ago on a field trip to a bat cave on a remote island, its floor crawling with cockroaches feasting on guano.When his biology class adviser was unable to identify the species, Lucanas knew he had found his niche.A lifelong fan of J R R Tolkien, Lucanas often names his discoveries after creatures in the author’s “Lord of the Rings” trilogy: “Valar”, “Hobbitoblatta”, and “Nazgul”.Their ranks are set to grow once he finishes writing up scientific papers on his newest finds, he promised.Given the uniqueness of his speciality, the young scientist occasionally finds himself in demand, albeit for very specific situations.The country’s biggest bug spray firm once invited him to lecture its staff on cockroach identification.Its top restaurant chain also sought his advice, desperate to stop raids on their commissary by so-called German cockroaches, an invasive species from India.”Control is not really my forte,” Lucanas admitted.But cockroaches are far from the indestructible creatures that they are often portrayed as, he insists.It is not true, for instance, that cockroaches will inherit the earth after a nuclear war, he said, noting that their resistance to radioactive exposure is about on par with other insects.Humans, not bombs, pose a more immediate threat to the creatures, he said, noting that some species, especially in mountain environments, reproduce slowly and could disappear if their habitats are encroached upon.Several cave-dwelling Philippine species first described in the 1890s during the Spanish colonial period “have not been seen again” since their habitats were opened to tourism, he explained.He laments that most science funding in his country “goes to research that will directly affect humans”, worrying that at best he will only be able to catalogue and explain the Philippines’ cockroaches.But for now, that’s enough, he said when asked about the decades still left in his career.”I think I’ll stick with what I’m doing. It’s how I’ve built my reputation.”And I really do enjoy working with cockroaches.” Source link
China's top diplomat urged the United States Sunday to iron out its differences with Beijing, as the world's two largest economies lock horns over trade tariffs and geopolitical issues.Ties between China and the United States have been strained since US President Donald Trump returned to the White House last year, followed by a trade war that saw the two countries impose tariffs on each other's products.While the US-China trade war has uprooted the global economy, Beijing has sought to profit off Trump's mercurial policies by positioning itself as a reliable alternative partner.’We observe a certain country erecting tariff barriers and pursuing decoupling and supply chain disruption,’ Wang told a press conference Sunday.’These actions are akin to trying to extinguish a fire with fuel. Ultimately, they will backfire.’He was speaking during China's annual political gathering, which began this week, known as the ‘Two Sessions’.The parallel meetings of China's parliament and political consultative body are closely watched for clues as to the priorities of China's leaders in the face of a precarious geopolitical landscape.Wang addressed a range of issues, including the US-China relationship, tensions in the South China Sea, as well as wars in the Middle East and Ukraine.’This year is indeed a big year for Sino-US relations,’ Wang told reporters.While China and the United States ‘cannot change each other’, he said, adding ‘we can change the way we interact with each other’.Wang urged both sides to ‘manage existing differences and eliminate unnecessary interference’.But a wide range of disagreements remain.Beijing has blasted US and Israeli military strikes on Iran, which sparked the war in the Middle East.China has diplomatic and trade ties with Tehran, and has condemned the killing of Iran's supreme leader Ayatollah Ali Khamenei.Wang said Sunday the war ‘should never have happened’.’A strong fist does not mean strong reason. The world cannot return to the law of the jungle,’ he told reporters.At the same time, he maintained that China's relations with Moscow, which have been criticised by Western countries for sustaining the war in Ukraine, remained ‘steadfast and unshakeable’.Beijing has sought to position itself as a neutral player in the Ukraine war, but Western leaders say China is supporting Moscow through imports and by helping the Kremlin to avoid sanctions.Leaders from France, Canada, Finland and the United Kingdom, among others, have flocked to Beijing, recoiling from Trump's bid to seize Greenland and tariff threats against fellow Nato members.Wang welcomed the visits, saying ‘more and more insightful Europeans agree that China is not a competitor, but a global partner’.Relations between China and the European Union had seen ‘a steady improvement’ in the last year, he told reporters.In the spirit of warming relations, China has doled out visa-free travel agreements to around 50 countries and reduced tariffs on exports from Canada and the United Kingdom, among others.The issue of self-ruled Taiwan, however, remains a red line which threatens to worsen China's relationship with the United States.Beijing views democratic Taiwan as part of its territory and has not ruled out taking it by force.Trump has floated the idea of sending more US weapons to Taiwan despite warnings from China's leader Xi Jinping.The two leaders are due to meet in Beijing in April.Wang reiterated Sunday that Beijing ‘will never allow anyone or any force to separate Taiwan… from China once again’.The issue has also caused a rift between China and Japan after Prime Minister Sanae Takaichi suggested in November that Tokyo could intervene militarily in any attack on the island. Source link
Russia has prepared a draft resolution for the United Nations Security Council (UNSC) calling for a ceasefire in the Middle East amid escalating tensions in the region.The document condemns attacks against civilians and urges the parties involved in the escalation to return to negotiations.According to a knowledgeable source cited by Sputnik, the document states that the Security Council calls on all parties to immediately halt their military activities and refrain from any further escalation in the Middle East and beyond.The draft resolution also condemns, in the strongest terms, all attacks against civilians and civilian infrastructure and calls for their protection, emphasizing the obligations of all parties under international law, including international humanitarian law.The document further stresses the importance of ensuring the security of all states in the Middle East region and beyond. It calls on all concerned parties to return to negotiations without delay and to make full use of political and diplomatic measures. Source link
