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G7 energy ministers to discuss soaring prices amid Iran war

G7 energy ministers will discuss soaring energy prices due to the war in Iran on a call on Tuesday while a group of European Union leaders will do so later in the day, officials said. Oil prices surged to their highest levels since mid‑2022 on Monday propelled by fears of Gulf output cuts and disrupted tanker traffic. G7 finance ministers said on Monday they were prepared to implement "necessary measures" in response to the price surge but stopped short of committing to coordinated emergency releases of reserves. Even before the Iran crisis, European energy prices typically sat higher than those in the US and China. European Commission chief Ursula von der Leyen has promised to propose measures to tackle the issue at an EU summit next week. Read: Iran says oil blockade will continue until attacks end, Trump threatens to hit harder Tuesday's G7 call is scheduled for 1245 GMT. French Finance Minister Roland Lescure, whose country holds the G7 presidency this year, said ther...
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China condemns 'evil designs' of Taiwan premier's Japan visit

China on Monday condemned the "evil designs" of Taiwan Premier Cho Jung-tai's rare visit to Japan over the weekend, on a trip he said was to support the island's baseball team and was private. Cho flew to Japan on Saturday to watch Taiwan play in the World Baseball Classic, in what Taiwanese media said was the first trip to the country by a premier since Japan and Taiwan broke formal diplomatic ties in 1972. China, which views democratically governed Taiwan as its own territory, routinely lambasts any overseas trips by its leaders, but used especially strong language to target Cho. "The person you mentioned harboured evil designs; acting stealthily and sneakily, he ran to Japan to engage in little tricks of seeking independence and making provocations," Chinese Foreign Ministry spokesperson Guo Jiakun told reporters in Beijing. "Japan's indulgence of provocation and unbridled recklessness will certainly pay a price, and all consequences arising from this must be borne by the Japanese side." Read: China moves to ease Pak-Afghan tensions Speaking in Tokyo earlier in the day, Japanese Chief Cabinet Secretary Minoru Kihara said the Taiwan government had characterised the visit as "private" and that Tokyo was not in a position to comment. "There was no contact with Japanese government officials," Kihara said. Cho told reporters in Taipei on Sunday that he was on a private visit to watch the baseball. Taiwan's government rejects Beijing's sovereignty claims and says only the island's people can decide its future. It says it also has the right to engage with other countries without China's interference. In 2022, Taiwan President Lai Ching-te, who was then vice president, went to Japan, also on a private trip, to pay his respects following the killing of former Prime Minister Shinzo Abe. China was angered by comments from Japanese Prime Minister Sanae Takaichi last year that a hypothetical Chinese attack on Taiwan could bring about a Japanese military response. Japan ruled Taiwan as a colony from 1895 to 1945, and the two have close though unofficial ties.

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At least 32 miners dead after bridge fails at cobalt site in southeast DR Congo

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