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Japan has pledged to provide $10bn (£7.4bn) to help its Asian neighbours, especially those in South East Asia, secure energy including crude oil as the region reels from disruptions caused by the Iran war.
Japanese Prime Minister Sanae Takaichi announced the new cooperation framework on Wednesday after an online meeting with other Asian leaders.
Japan relies on South East Asia for petroleum-derived products, most notably medical equipment - something that Takaichi stressed at a press briefing on Wednesday.
Japan is closely interconnected with each Asian country through supply chains and mutually dependent with them," she said.
Japan's cooperation framework aims to help Asian countries procure crude oil and petroleum products, as well as maintain supply chains and expand stockpiles.
Asia is especially vulnerable to energy supply disruptions stemming from blockades of the Strait of Hormuz, as nearly 90% of the oil and gas passing through the key waterway is bound for the region
Japan's foreign ministry said the $10bn in financial aid was roughly equivalent to a year's worth of crude oil imports by countries in the Association of Southeast Asian Nations (Asean)
It added that the initiative was welcomed by leaders at the meeting - including those from the Philippines, Malaysia, Singapore, Thailand, Vietnam, Bangladesh and South Korea - and that funding for the project would come from a range of sources
These include state-backed institutions like Japan Bank for International ​Cooperation and Nippon Export and Investment Insurance, as well as the Japan International Cooperation Agency and the Asian Development Bank
Takaichi said the initiative would not negatively impact Japan's domestic oil supplies
At the end of 2025, Japan's reserves held enough oil for 254 days of domestic consumption - but the global energy crisis has prompted authorities to tap into these reserves
Last month, Japan released a record 50 days' worth of oil from its reserves. Authorities have said they would release another 20 days' worth in early May.
Fears about a shortage of naphtha - a petrochemical produced from crude oil and a key raw ingredient in plastics - are also simmering in Japan. These worries are especially pronounced in hospitals, where critical medical supplies like syringes, gloves and dialysis equipment are made with the substance.
While Takaichi has urged calm and said there would be no immediate disruptions, fears remain that naphtha shortages could further stress the country's healthcare system, already straining under an ageing population.
There are also anxieties across South East Asia, which has been hit hard by soaring oil prices. Governments have urged people to carpool and curb the use of air-conditioning in a bid to conserve energy. The Philippines, meanwhile, has declared a national energy emergency.
On Wednesday, at the same summit hosted by Japan, Philippine president Ferdinand Marcos Jr called on Asean to activate its fuel-sharing pact
No single country in Asia can insulate itself from supply chain shocks of this scale by acting alone," he said
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The US Department of Justice has asked a federal appeals court to throw out the convictions of 12 people who were found guilty of seditious conspiracy related to the 6 January 2021 riots
Although President Donald Trump issued more than 1,000 pardons for those convicted for their role in the Capitol riots, he opted to commute the sentences of a dozen members of the Proud Boys and Oath Keepers.
That meant they could be released from prison, but their convictions remained on the record.
The United States has determined in its prosecutorial discretion that dismissal of this criminal case is in the interests of justice," the US Attorney's Ofice in Washington, DC, said in a filing on Tuesday.
The court approving the request to wipe out the convictions would mark a symbolic victory for Trump.
He pledged in his presidential campaign to free those charged or convicted for participating in the riot, where protesters sought to stop Congress from certifying that he lost the 2020 election to former President Joe Biden. On his first day back in office, Trump issued pardons or commutations for more than 1,500 people.
Oath Keepers founder Stewart Rhodes and several members of his group were among those whose sentence was commuted.
Rhodes, a former US Army paratrooper and Yale-educated lawyer, led a contingent of his militia members to Washington. They stashed weapons in a hotel room across the Potomac River in Virginia while participating in the melee.
Rhodes did not enter the Capitol but directed his members from outside, and was sentenced in 2023 to 18 years in prison after being found guilty of seditious conspiracy, or attempting to overthrow the government.
He's among those seeking to expunge his record in the U.S. Court of Appeals for the District of Columbia, which has set a 17 April deadline to file the requests.
If the court throws out the convictions, the Trump administration's justice department will be spared from having to argue for keeping them in that process.
While former Proud Boys leader Henry "Enrique" Tarrio was also convicted for seditious conspiracy over the riot, he was pardoned. Prior his pardon, Tarrio was sentenced to 22 years in prison.
Follow the twists and turns of Trump's second term with North America correspondent Anthony Zurcher's weekly US Politics Unspun newsletter. Readers in the UK can sign up here. Those outside the UK can sign up here.
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A group of best friends are preparing to drive two ambulances filled with veterinary medical supplies to Ukraine to help animals caught in the crossfire of the war
Tobias Sullivan, Rhys Edwards, Jordan Bailey and Jake Trask, from Southend, Essex, will be embarking on the 1,829-mile (2,943km) trip in aid of Animal Rescue Kharkiv
The front-line organisation strives to save all types of animals left wounded or abandoned due to the ongoing conflict between Ukraine and Russia
The group of friends will deliver the supplies in two, bright yellow and green emergency vehicles, which they bought for £3,500, before getting a train and a plane back home
Trask, 33, said he was initially "really nervous" about travelling to Ukraine, but was reassured by the "good team of people" around him
"We are in safe hands, we are mentally prepared for it, and we are smart and savvy, so it's just about having our wits about us when we're out there," he said
The ambitious excursion to Ukraine, for which the group has raised nearly £9,000, will begin on Tuesday night and take the four friends about four days
The group plan to get a ferry to Calais and then drive to Berlin and then Warsaw, before crossing into Ukraine and being escorted to Kyiv and Kharkiv
The "old friends from back in the day" will then hand over the ambulances, which will be "full to the brim" with everything from bandages and syringes to food and toys
The group will then get a train from Ukraine to Poland before boarding a plane to the UK.
According to Trask, Animal Rescue Kharkiv supports cats, dogs, fish, lions, tigers, but its mission has become increasingly difficult due to drone attacks.
It is just horrendous and so horrible, and a lot of the animals don't know what's going on - they're very dazed and confused," he added.
These vets are going into these rubble-style homes where dogs are clinging onto the last bit of bedding and toys to try and get by - they're really scared
"But they still need to be kept happy," he said
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Bitcoin price dropped to approximately $66,500, shedding nearly 6% in hours, after President Trump’s April 1st address signaled harder military strikes against Iran in the coming weeks, shattering the fragile optimism that had briefly lifted risk assets
The S&P 500 followed into the red, with MSCI’s Asia Pacific index reversing a prior session’s rebound to fall 1.7%. Brent crude jumped more than 5% to above $106 a barrel as traders priced in prolonged Strait of Hormuz disruption. This market fallout is precisely the macro fog that keeps risk assets pinned
Trump’s remarks reversed sentiment that had built earlier this week when he indicated a willingness to end the conflict before reopening the Strait of Hormuz, a critical global trade waterway
The April 1st address walked that back entirely, using language that pointed toward escalation rather than negotiation. Investors received no timeline for resolution – only the prospect of intensified operations
Bitcoin’s digital gold narrative took another hit. With the 30-day rolling BTC-to-S&P 500 correlation spiking to 0.75 – its highest in months – institutional desks are treating Bitcoin as a high-beta tech proxy, not a geopolitical hedge. The safe-haven narrative is cracking
BTC is sitting at $66,500, stuck in a pattern of lower highs since the March peak at $76,000, with each recovery attempt getting weaker and selling pressure capping every bounce before it gets going
The $64,000 to $65,000 floor is the level that matters most right now, it has held on multiple tests but a clean break below it opens the path straight back to $60,000 where the February wick bottomed out
On the upside, $68,000 and then $70,000 are the levels that need to flip for any real recovery narrative to rebuild, and neither looks easy given how heavy every bounce has been recently
Until one of those scenarios plays out, this is a chart in damage control mode
The broader bearish trend in BTC’s recent price history makes this inflection point more consequential than it might otherwise appear
Bitcoin ended March up just 2%, snapping a five-month losing streak – but it remains down roughly 45% from its October peak above $126,000. Apparent demand was already negative by approximately 63,000 BTC as of late last month, per CryptoQuant.
Stock and commodity markets continue to whipsaw according to Trump’s latest comments on geopolitical developments,” said Caroline Mauron, co-founder of Orbit Markets.
Bitcoin is largely following stocks’ direction, though in the past few weeks it has showed reduced sensitivity to both good and bad news.” That reduced sensitivity may be the one thin positive – but it hasn’t prevented a $6,500 drop in a single session.
Notably, gold’s worst monthly performance in 17 years through March – down more than 11% – strips away the easy ‘rotate to safe havens’ narrative. Treasuries and cash are absorbing the flight-to-safety flow instead.
The 10-year U.S. Treasury yield surged as markets priced in persistent inflation driven by energy supply disruptions, creating a direct headwind for non-yielding assets like Bitcoin. Until the Iran situation resolves cleanly in either direction, Bitcoin is unlikely to decouple.
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🐸 PEPE: هل هي فرصة ربح سريع أم فخّ المضاربين؟
🚨 عملة PEPE أصبحت واحدة من أكثر العملات التي أثارت الجدل في سوق الكريبتو…
بين من يعتبرها “فرصة تضخيم رأس المال بسرعة”، ومن يراها “مجرد مضخة ومضاربة خطيرة”.
لكن السؤال الحقيقي هو:
هل PEPE استثمار فعلي أم مجرد لعبة حيتان؟
💣 الحقيقة الأولى: لا يوجد مشروع واضح!
على عكس مشاريع مثل Bitcoin أو Ethereum، تعتمد PEPE على:
🐸 ثقافة الميم (Meme Culture)
📈 الضجيج الإعلامي والتداول العاطفي
💬 قوة المجتمع وليس الأساسيات التقنية
وهذا يجعل قيمتها مرتبطة بالاهتمام… وليس بالمنتج.
⚠️ الحقيقة الثانية: الربح السريع مقابل الخطر السريع
PEPE تُغري الكثيرين بسبب تحركاتها القوية، لكن:
📊 الصعود قد يكون سريعًا جدًا
📉 الهبوط قد يكون أقسى وأسرع
😵 الدخول المتأخر غالبًا يعني خسارة
🐋 الحيتان تتحكم بنسبة كبيرة من الحركة
وهنا يظهر السؤال:
هل أنت مستثمر… أم مجرد متأخر في الدخول؟
🔥 الحقيقة الثالثة: الجدل الحقيقي
هناك دائمًا فريقين:
🟢 يقول: “فرصة 100x جديدة!”
🔴 يقول: “فقاعة ستختفي قريبًا!”
والغريب أن الاثنين يرون نفس الرسم البياني… لكن بتفسير مختلف تمامًا!
🤔 السؤال الذي يزعج الكثيرين
هل PEPE تمثل “حرية الربح السريع” في الكريبتو…
أم أنها مجرد مثال على خطورة المضاربة العشوائية؟
🧠 الخلاصة
🐸 PEPE ليست استثمارًا تقليديًا…
بل هي مضاربة عالية المخاطر تعتمد على الضجيج والسيولة اللحظية.
💬 الحقيقة المؤكدة:
من يفهم اللعبة يمكن أن يربح…
ومن يدخل بدون خطة غالبًا سيكون هو الخاسر.
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