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Proposed US Hercules repair hub in West Java sparks debate on what Indonesia stands to gain and lose
analysis Asia Proposed US Hercules repair hub in West Java sparks debate on what Indonesia stands to gain and lose Indonesia’s Defence Minister Sjafrie Sjamsoeddin says his country is working on using Kertajati International Airport in West Java for such a hub proposed by his US counterpart Pete Hegseth. Indonesia’s plan to turn its underutilised Kertajati International Airport in Majalengka, West Java, into a regional maintenance hub for Hercules military aircraft at the United States...
China check: New US base in Australia signals AUKUS push, to host nuclear submarines
The establishment of Naval Support Activity (NSA) Stirling, off the coast of Perth in Western Australia, is seen as a major step in the AUKUS (Australia-UK-US) partnership. The facility is designed to provide comprehensive support services for US personnel and their families stationed at HMAS Stirling. The initiative is central to the Submarine Rotational Force-West (SRF-West), which will host US and UK nuclear-powered attack submarines on a rotational basis.
Italy bans Kanye West concert over security concerns
A concert by the US rapper Kanye West, who was supposed to perform on July 18 in Reggio Emilia in northern Italy, has been banned on public safety grounds, the authorities said. The prefect of the province, Salvatore Angieri, said the decision was made following requests from bodies including the local Jewish community. They had “expressed reservations” about the appearance of the rapper as part of the Pulse of Gaia Festival, the statement released on Friday evening said.
Asia stocks down after US losses, Iran strikes
Asia stocks down after US losses, Iran strikes TOKYO: Stocks in Asia fell sharply and oil prices rose early Monday (Jun 8) after Iran fired missiles at Israel and following heavy losses on Wall Street. At 9.53am Japan's Nikkei 225 was off 3.41 per cent at 64,318.06 points while South Korea's Kospi was down 6.81 per cent at 7,604.98. Brent crude was up 2.4 per cent at US$95.32 per barrel, while West Texas Intermediate was 2.3 per cent higher at US$92.59.
Oil prices today: Crude falls as Hezbollah rejects US-backed ceasefire
Oil prices fell slightly on Friday as hopes for a ceasefire in the Middle East faded following Hezbollah's rejection of a US-backed proposal in Lebanon. Brent crude slipped 0.22% to $95.24 a barrel, while US West Texas Intermediate (WTI) crude fell 0.11% to $92.94 a barrel in early trade. Despite Friday's decline, both benchmark contracts were on track to record their first weekly gain in three weeks.
Iran says it has shot down US fighter jet
Iran says it has shot down a US fighter jet over the west of the country. Iranian state media has published pictures and videos purporting to show parts of the downed plane and one of the ejector seats. American aircraft and reconnaissance drones are said to be involved in the search, but there has been no official confirmation from the Pentagon or the White House.Also: Despite President Trump's claims that Iran's military capacity has been decimated by almost five weeks of US-Israeli...
Markets gain and oil drops as Trump's peace signals reassure investors
Oil prices retreated around 4% from Monday’s highs as markets responded positively to US President Donald Trump’s reassuring comments that negotiations with Iran are progressing. Crude prices mostly retraced on Tuesday after jumping at the start of the week as Iran suspended talks with the US and pledged to fully close the Strait of Hormuz, fuelling investor fears that the broader Middle East conflict could escalate rather than move towards a peace deal. At the time of writing, US West Texas...
Cuts to US ocean programme will hinder monitoring of El Niño and AMOC
In the winter of 2013-2014, the strong winds of the jet stream shifted north, allowing a mass of warm water dubbed “the blob” to swell across more than 1500 kilometres of the north Pacific Ocean. Floating instruments moored to the seabed off Alaska, Washington and Oregon alerted scientists and the fishing industry to the arrival of this water, which was up to 4°C hotter than normal. They were part of the Ocean Observatories Initiative (OOI), five mooring arrays off the US west and east...
Month four of Hormuz blockade: Oil prices jump after Iran attacks Kuwait, Bahrain
Oil prices jumped over 1% on Wednesday as tensions in the Middle East continued to intensify after Iran launched missiles towards Kuwait and Bahrain. At the same time, peace efforts between Tehran and Washington yielded no breakthrough and the Strait of Hormuz disruption continued for 96th day. Brent crude futures gained $1.05, or 1.09%, to reach $97.05 a barrel, while US West Texas Intermediate (WTI) crude advanced $1.01, or 1.08%, to $94.77.