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Kennedy Center board to vote on 2-year shuttering for renovations

March 16 (UPI) — The board of trustees for the John F. Kennedy Center for the Performing Arts in Washington, D.C., is set to attend a meeting Monday to determine whether to shutter the facility to carry out renovations that some critics worry could result in a structural overhaul akin to the White House’s East Wing.

The agenda for Monday’s meeting, obtained by The New York Times, indicates the board will vote on whether to begin renovations starting July 6. President Donald Trump announced last month that he wants to close the Kennedy Center for two years for construction amid artist cancellations and boycotts over his cultural agenda.

Trump said the decision to close the facility came after a yearlong review in consultation with contractors, musical experts, arts institutions, and advisers and consultants. He had initially considered a partial project that would permit shows to continue, but decided the best option for the venue was a temporary closure.

Rep. Joyce Beatty, D-Ohio, an ex officio member of the board who sued to have access about the details of renovations, said she believes Trump wants to shutter the Kennedy Center in response to dozens of individuals and cultural organizations who have canceled appearances there in response to Trump trying to rename the center after himself. Beatty said the documents she received about the renovations were “inadequate.”

She said “the documents prove that there is absolutely no basis to shutter this precious living memorial and beloved institution,” she said in a statement. “It certainly looks like President Trump is shutting down the center because he is embarrassed that ticket sales are down and artists are fleeing since his illegal renaming.”

Beatty’s lawyers said she was concerned Trump might use his hand-selected board to push through wholesale changes at the Kennedy Center to design a facility more to his liking. In October, Trump had the East Wing of the White House demolished to make room for a $250 million ballroom.

In a post on Truth Social on Friday, Trump shared renderings of what he expected the so-called Trump-Kennedy Center to look like after the renovations. He said he’s not planning to rip out the facade.

“I’ll be using the steels. So we’re using the structure, we’re using some of the marble, and some of the marble comes down,” he said.

A Washington Post analysis of the renderings show very few changes to the exterior of the building, including altered cornices, updated roof and some windows, painted columns, new signage and landscaping changes.

The group Hands Off the Arts has held weekly protests outside the Kennedy Center over the changes. A participant, drag queen Tara Hoot, said “there’s no need for it to close.”

“The carpet’s brand new, right? They already have some things planned in the works to redo the Kennedy Center and parts of it, maintenance, so there’s no reason to close it,” Hoot said, according to WUSA-TV in Washington, D.C.

“There are jobs, lots of jobs, and people are going to lose their jobs. The economy is terrible right now. Why do we want more people to lose their jobs?”

President Donald Trump speaks during an event celebrating Women’s History Month in the East Room of the White House on Thursday. Photo by Bonnie Cash/UPI | License Photo

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Iranian drone strike sets stategically key UAE oil trading hub on fire

Iran stepped up its targeting of Gulf neighbors, attacking and setting on fire a fuel tank close to Dubai International Airport, forcing flights to be suspended, and the key Fujairah oil export hub on the UAE’s east coast, on the supposed “safe” side of the Strait of Hormuz. Photo by Stringer/EPA

March 16 (UPI) — Emergency services in the United Arab Emirates were battling a major blaze at the country’s strategically key Fujairah oil export hub on Monday morning after the second drone strike on the facility in two days.

Emirate of Fujairah authorities said in a post on X that no one had been hurt in the attack on the Fujairah Industrial Petroleum Zone and that efforts were ongoing to bring the fire under control. They appealed to people to refrain from spreading misinformation.

“Civil defense teams in the Emirate immediately responded to the incident and are continuing their efforts to control it. The competent authorities call on the public not to circulate rumours and to obtain information only from official sources,” wrote the Fujairah Media Office.

The facility is strategically important because it is the only oil export terminal on the UAE’s eastern coast, located on the Gulf of Oman, the “good” end of the Strait of Hormuz.

Critically, it means oil tankers servicing the port do not need to run the gauntlet of the 21-mile-wide sea lane that Iran has effectively closed.

An approximately 250-mile-long cross-country oil pipeline from Habshan, a key onshore field 80 miles southwest of Abu Dhabi, feeds as much as 1.8 million barrels per day of crude into Fujairah.

However, Iran’s Islamic Revolutionary Guard Corps threatened ports, docks, military facilities and other “legitimate” U.S. targets in the UAE while the state media uged workers and residents in and around Fujairah, Jebel Ali and Khalifa ports to evacuate due to the presence of U.S. military forces.

Monday’s incident, following on from a separate strike and fire on Saturday, highlighted how exposed Fujairah — one of the world’s key crude oil and fuel storage hubs — was to Iranian threats.

The UAE has been repeatedly targeted by Iranian drones and missiles since the United States launched its airborne offensive against Iran on Feb. 28.

A drone attack earlier Monday that forced the temporary grounding of all flights at Dubai International Airport after a fire erupted in a fuel tank close by and an announcement by Israel that it was nowhere near done with hitting Iran indicated the war was likely headed into a third week.

Israel also announced plans for an expansion of its ground offensive in Lebanon against Hezbollah operatives and strongholds after the Iranian proxy group attacked Israel with rockets and missiles on March 2, two days into the war.

An Israeli bombing campaign and targeted actions by ground forces has already forced hundreds of thousands of civilians in the country to flee their homes and killed more than 850, more than 170 of them women and children, according to the Lebanon Health Ministry.

European Union foreign ministers were set to meet on Monday in Brussels to discuss the situation in the region as oil prices continued their upward trajectory with the benchmark Brent crude futures briefly hitting $106 per barrel during trade on Monday.

Shipping of oil, gas and all cargo through the Strait of Hormuz remains stalled despite calls by U.S. President Donald Trump at the weekend for countries that get their oil from Gulf producers to step up and help restart movement of ships in and out of the Persian Gulf.

Iranians attend a funeral for a person killed in recent U.S.-Israel airstrikes at Behesht-e Zahra cemetery on the southern outskirts of Tehran in Iran on March 9, 2026. Photo by Hossein Esmaeili/UPI | License Photo

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Senate prepares to debate SAVE Act amid partisan split

March 16 (UPI) — Senate Republicans are trying to pass the SAVE America Act this week, as both the GOP and Democrats are gearing up to fight over the election reform bill that would require those registering to vote to show proof of citizenship with passports or birth certificates.

The Safeguard American Voter Eligibility Act already has broad public support, but Democrats are strongly against it. Republicans and President Donald Trump want a prolonged fight, forcing Democrats to defend their opposition.

Republicans say it will make elections safer, but Democrats call it a “voter suppression act.”

The bill would force people registering to vote to show proof of citizenship with a passport or certified birth certificate. People who have legally changed their name, including transgender people and most married women, would have a more difficult time.

According to State Department statistics, around half of Americans have a valid passport, and a first-time applicant would have to pay $165 to get one. The University of Maryland’s Center for Democracy and Civic Engagement said that 2.6 million Americans do not have a government-issued photo ID.

A recent Harvard CAPS/Harris poll showed that 71% of voters support the SAVE Act.

House Republicans passed a version of the bill along party lines in February. But the Senate needs 60 votes to avoid a filibuster. Right now, Republicans have a 53-47 majority, and Sen. John Fetterman, I-Pa., who usually votes with the GOP, has said he’s against the bill.

On Thursday, Senate Majority Leader John Thune, R-S.D., said he wants to bring the bill to a vote to “put Democrats on the record.”

Sen. Mike Lee, R-Utah, told The Hill that Trump wants to see an epic fight, similar to the two-month battle to pass the 1964 Civil Rights Act.

“What I want to do is try to maximize the period of time in which we debate it,” Lee said.

“They faced a 32-vote cloture deficit at the time it came over from the House in March of ’64,” Lee told The Hill. “They were able to close a 32-vote cloture deficit. It took them 60 days, but they got there.”

He said taking a longer time gives lawmakers clarity.

“Debating a bill that continues to get more popular even as people are trying to slow it down and stop it and obstruct it sometimes sharpens the minds of individual lawmakers and makes them more amenable in the end to negotiation,” Lee added. “That’s what we’re looking at here.”

Trump and other conservative Senators want to force Democrats to do a talking filibuster, but Thune has said there just aren’t enough votes to do so. He said the Republicans aren’t unified enough to table potential Democratic amendments.

“The votes aren’t there, one, to nuke the filibuster and the votes aren’t there for a talking filibuster. It’s just a reality,” The Hill reported Thune said last week. “I’m the person who has to deliver sometimes the not-so-good news that the math doesn’t add up but those are the facts and there’s no getting around it.”

Senate Minority Leader Chuck Schumer, D-N.Y., said Democrats are prepared for the battle.

“We don’t yet know what Thune is doing … but we’re prepared for every possible scenario,” Schumer told reporters Sunday.

“My caucus really feels strongly that this would be a horror … one of the worst things that’s happened in the history of this country in terms of allowing people to vote,” he said.

Trump has said he will not sign any legislation until the act passes the Senate.

President Donald Trump speaks during an event celebrating Women’s History Month in the East Room of the White House on Thursday. Photo by Bonnie Cash/UPI | License Photo

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Go champion Lee Sedol named as intellectual property ambassador

South Korea’s Ministry of Intellectual Property has appointed former Go champion Lee Sedol as its first ambassador. Photo by Ministry of Intellectual Property

SEOUL, March 16 (UPI) — South Korea’s Ministry of Intellectual Property has appointed former Go champion Lee Sedol as its first ambassador, 10 years after his landmark competition with AlphaGo.

The ministry said Friday that the appointment would help it communicate its policy direction to the public in a more symbolic and accessible way.

A few years after the 2016 contest against AlphaGo, Lee retired from the strategic board game that is popular in Korea, Japan, and China. He is now a special professor at the country’s Ulsan National Institute of Science and Technology.

Back then, AlphaGo ultimately beat Lee in the five-game series. However, Lee managed to secure a historic victory in the fourth game.

“Professor Lee is recorded as the first and also the last human to defeat AI,” Intellectual Property Minister Kim Young-sun said at the event.

“Regardless of the outcome of his match against AI, I believe that he demonstrated a desirable model for the AI era — not viewing AI merely as something to overcome or challenge, but as a partner with which we can cooperate and coexist,” he said.

Lee promised to support the ministry, the country’s government organization responsible for policies related to patents trademarks, and other intellectual property rights.

“Ten years ago, there was the match against AlphaGo. I think that may have been the starting point of AI. Now it has become difficult to imagine a world without AI,” Lee said.

“In line with these changes, I believe that an important task for the MOIP is how well it collaborates and adapts to this environment to continue developing and advancing,”

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Israel announces ‘limited and targeted ground operations’ in Lebanon

March 16 (UPI) — The Israeli military announced Monday that soldiers were conducting “limited and targeted ground operations” in southern Lebanon against Hezbollah, amid its larger war against the militant organization’s backer, Iran.

Israeli troops were reported in Lebanon earlier this month, but Monday’s announcement appears to formalize and broaden the mission. The language in the announcement was also consistent with other reports that Israel may be planning to significantly expand its ground operation.

“This activity is part of broader defensive efforts to establish and strengthen a forward defensive posture, which includes the dismantling of terrorist infrastructure and the elimination of terrorists operating in the area, to create an additional layer of security for residents of northern Israel,” the IDF said in a social media statement.

Israel has been attacking Hezbollah in Lebanon for years, and launched a ground operation there in October 2024 that ended with a fragile cease-fire, with both sides accusing the other of violations. Fighting erupted again late last month after the United States and Israel launched a war against Iran.

Specifics about the ground operation were minimal, including the day it began, with the IDF stating on Telegram that the troops entered Lebanon “in recent days.”

Troops from the 91st Division are conducting what the Israel Defense Forces called “limited and targeted ground operations” against Iran-backed Hezbollah strongholds.

Videos of the operation taken from apparent night-vision cameras worn by the soldiers and distributed by the IDF online show Israeli forces and military vehicles seemingly operating in southern Lebanon.

The operation was aimed at enhancing the forward defense area and was part of broader efforts to strengthen Israel’s forward defensive posture, the IDF said, which is consistent with reporting by Axios that Israel plans to seize all of Lebanon south of the Litani River and will be a major operation.

The IDF said airstrikes were conducted before the soldiers of the 91st Division moved in, with a Hezbollah site attacked on Saturday. Troops on Sunday searched the area and found a storage facility housing dozens of rockets, explosive devices and guns, it said in a Monday update on the operation.

Photos included in the release show rockets laid upon a couch inside a debris-filled residence.

Two Hezbollah operatives were also killed, it said, stating the militants had advanced on the Israeli troops.

“The IDF will continue to operate with determination against the Hezbollah terrorist organization following its deliberate decision to attack Israel on behalf of the Iranian regime,” the IDF said.

“The IDF will not tolerate any harm to the residents of the State of Israel.”



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No, MAGA is not divided on the Iran war | US-Israel war on Iran

Sometimes, journalists indulge in myths and delusions they claim to decry.

This grating inclination has been on almost giddy display in the still evolving aftermath of United States President Donald Trump’s rash decision to join Israeli Prime Minister Benjamin Netanyahu in launching a war with Iran.

Like falling dominoes, a “narrative” gathered momentum among the America’s “progressive” commentariat, insisting that Trump’s order to go to war offended large swaths of the MAGA movement and set off a seismic split in his ardent base.

It is a silly myth and a seductive delusion.

Sure, a handful of familiar MAGA personalities have grumbled that another Middle East conflict betrays the “America First” pledge that helped propel Trump back to the White House.

Conservative commentator Megyn Kelly has questioned whether the US is drifting, yet again, into an endless war without purpose or meaning. Podcaster Joe Rogan has talked about the conflict’s disastrous, unintended consequences. Former Fox News host Tucker Carlson has warned that the unprovoked attack could trigger chaos across an already volatile region.

Trump, of course, parried the backlash with trademark coarseness. He lashed out. He dismissed the naysayers. He mocked allies who briefly turned detractors.

Headlines blared that a domestic quarrel threatened to engulf his MAGA disciples in a “civil war.”

The idea that MAGA has fractured is fantasy. Disquiet is not rupture. Dissent is not rebellion.

The MAGA “movement” is not a conventional coalition held together by consensus around a coherent, considered set of principles or policies.

MAGA remains what it has always been: a political phenomenon built to burnish one man’s ego and narcissism. As long as that man is Trump, the “movement” bends to his designs and whims. It adjusts; and, inevitably, snaps back into loyal line.

That loyalty remains the movement’s signature force.

For nearly a decade, Trump has tested its limits. He has weathered scandals that would have devoured most politicians. Two impeachments. Criminal convictions. A litany of controversies, including his close and lengthy friendship with the architect of a worldwide sex trafficking ring, the notorious paedophile, Jeffrey Epstein.

Through it all, MAGA has, if anything, tightened its loving embrace of Trump.

The notion that a fraternal dispute over foreign policy would shatter the vice-like bond is absurd. That bond is emotion. It is visceral.

For his embittered supporters, Trump is the embodiment of grievance-fuelled defiance. He is a charismatic champion against enemies in Washington — the gilded establishment, the media, the global order who treats them with derision and contempt.

Within that parochial framework, Trump’s actions at home and abroad are filtered through the prism of fidelity. When Trump unleashes a war that he once opposed, his devout followers accept his shifting rationales — however obtuse or contradictory. They believe he sees threats others ignore. They believe he acts when others hesitate.

Indeed, polls confirm their steadfast confidence in Trump’s judgement and his enduring appeal.

The Republican Party has always harboured different instincts. Some supporters lean towards isolationism. Others favour aggressive displays of the America’s unparalleled power.

While there may be hints of unease among Republicans about the prospect of a long, costly war with Iran, that unease has not led, and likely will not lead, to a broad revolt anytime soon.

Trump’s standing within the Republican Party remains strong. His approval among Republican voters remains high. They trust him.

That trust trumps the simmering doubts raised by a small, albeit prominent, slice of MAGA fawning pundits and a few recalcitrant members of Congress.

Kelly knows it. Rogan knows it. Carlson knows it.

The trio understands that they operate inside a MAGA universe fashioned and controlled by Trump. Their popularity and influence depend on staying there. They know the defining rule of Trump’s gravitational pull: stray too far and you will be cast out.

Predictably, Carlson avoided escalation.

Instead, he declared his allegiance. He made plain that he still “loves” Trump. He reminded listeners that Trump had reshaped American politics.

Kelly and Rogan may question the risks and dangers of war, but neither would wage a sustained attack on the president. Neither would dare tell Trump’s loyalists to abandon him.

A fleeting disagreement over Trump’s reckless adventure in Iran will not translate into a lasting break.

Even the most high-profile MAGA hucksters recognise that confronting Trump invites retribution and disaster. Their audiences overlap. Their reach thrives in the same ideological ecosystem.

Picking an ultimately losing fight with the ecosystem’s vengeful anchor is rarely good business.

So, MAGA is, at the moment, experiencing a touch of turbulence. It will pass.

Which is why the constant search by establishment media for a dramatic MAGA schism keeps producing the standard result.

Nothing much changes.

Every time Trump sparks outrage, the same prediction appears. This time, the base will rebel. This time, the coalition will splinter.

This forecast is a tired ritual. It ignores the fundamental nature of the MAGA compact. That connection is not rooted in briefs or blueprints. It is a secular religion where the leader is never wrong.

Myopic scribes mistake a fracas for a collapse. They see tension and hope for a divorce. The believers are not preoccupied with the logistics of war or the mercurial logic of “America First”. They care about the man who gave them a voice.

Once the friction fades, the sceptics will retreat. They have nowhere else to go. The undeniable magnetism of Trump’s celebrity and command of MAGA reels most reluctant strays back.

To leave that agreeable orbit permanently is to vanish into irrelevance — a bleak fate for provocateurs who have forged lucrative careers amplifying Trump’s ignorance, intolerance, and fury.

The views expressed in this article are the author’s own and do not necessarily reflect Al Jazeera’s editorial stance.

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Oscars 2026: Full list of winners | Arts and Culture News

One Battle After Another was the big winner of the 98th Academy Awards, taking home six Oscars.

Paul Thomas Anderson’s black comedy about a has-been revolutionary won Best Picture, Best Director, Best Adapted Screenplay, Best Supporting Actor, Best Film Editing, and Best Casting.

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Sinners, which entered the ceremony with a record 16 nominations, was the second-biggest winner of the night, with four awards.

Michael B Jordan earned Best Actor for his leading role, while director Ryan Coogler picked up his first Oscar for Original Screenplay.

In the acting categories, Jessie Buckley won Best Actress for Hamnet, marking her first Academy Award, while Amy Madigan was recognised as Best Supporting Actress for Weapons.

Elsewhere, the South Korean musical fantasy KPop Demon Hunters won two Oscars, while Frankenstein also secured two awards.

Here is the full list of winners:

Best Picture
One Battle After Another 

Best Actress
Jessie Buckley, Hamnet

Best Actor
Michael B Jordan, Sinners

Best Supporting Actress
Amy Madigan, Weapons

Best Supporting Actor
Sean Penn, One Battle After Another

Best director
Paul Thomas Anderson, One Battle After Another

Best Original Score
Ludwig Göransson, Sinners 

Best Animated Film
KPop Demon Hunters

Best International Feature
Sentimental Value

Best Documentary Feature
Mr Nobody Against Putin

Best Casting
Cassandra Kulukundis, One Battle After Another

Best Sound
Gareth John, Al Nelson, Gwendolyn Yates Whittle, Gary A Rizzo and Juan Peralta, F1

Best Original Screenplay
Ryan Coogler, Sinners

Best Adapted Screenplay
Paul Thomas Anderson, One Battle After Another

Best Documentary Short
All the Empty Rooms  

Best Live Action Short Film
The Singers and Two People Exchanging Saliva (tie)

Best animated short film
The Girl Who Cried Pearls

Best Music (Original Song):
EJAE, Mark Sonnenblick, Joong Gyu Kwak, Yu Han Lee, Hee Dong Nam, Jeong Hoon Seo and Teddy Park for Golden, KPop Demon Hunters

Best Film Editing:
Andy Jurgensen, One Battle After Another

Best Cinematography:
Autumn Durald Arkapaw, Sinners

Best Production Design:
Tamara Deverell and Shane Vieau, Frankenstein

Best Costume Design
Kate Hawley, Frankenstein

Best Makeup and Hairstyling
Mike Hill, Jordan Samuel and Cliona Furey, Frankenstein

Best Visual Effects
Joe Letteri, Richard Baneham, Eric Saindon and Daniel Barrett, Avatar: Fire and Ash

(From L) US visual effects supervisor Eric Saindon, US visual effects artist Richard Baneham, Daniel Barrett and US visual effects supervisor Joe Letteri accept the award for Best Visual Effects for "Avatar: Fire and Ash" onstage during the 98th Annual Academy Awards at the Dolby Theatre in Hollywood, California on March 15, 2026. (Photo by Patrick T. Fallon / AFP)
Visual effects supervisor Eric Saindon, visual effects artist Richard Baneham, Daniel Barrett and visual effects supervisor Joe Letteri accept the award for Best Visual Effects for Avatar: Fire and Ash [Patrick T. Fallon/AFP]

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Iran war fuels S. Korean tanker bet as shipping heir’s strategy pays off

The homepage of South Korean shipping company Sinokor Merchant Marine (Janggeum Shipping) is shown in this screenshot. Captured by Asia Today from Sinokor website

March 16 (Asia Today) — A bold bet by a South Korean shipping heir on ultra-large oil tankers is paying off handsomely as the war involving Iran disrupts global energy markets and drives tanker demand sharply higher.

Bloomberg reported that Sinokor Merchant Marine, a major South Korean shipping company, positioned itself to profit from the crisis after securing a large fleet of very large crude carriers (VLCCs) months before the conflict escalated.

The strategy was led by Jeong Ga-hyun, a director at Sinokor Petrochemical and the son of Sinokor Chairman Jeong Tae-soon, according to the report.

Bloomberg described the move as an unprecedented large-scale bet in the global tanker market, executed well before the outbreak of the Iran conflict.

Tankers deployed to Gulf before war

On Jan. 29, weeks before the war erupted in late February, Sinokor reportedly deployed at least six empty VLCCs to the Persian Gulf, positioning them to wait for cargo.

After disruptions in the Strait of Hormuz pushed tanker demand and charter rates sharply higher, the strategy began generating massive returns.

The Strait of Hormuz is one of the world’s most critical energy chokepoints, handling roughly 20% of global oil shipments.

Tanker rates surge to $500,000 a day

With oil exports disrupted and storage facilities across the Middle East filling rapidly, oil producers have increasingly turned to tankers as floating storage units.

According to Bloomberg, Sinokor is now chartering vessels for about $500,000 per day, roughly ten times last year’s average tanker rates.

Industry estimates suggest that by late February the company controlled around 150 VLCCs, representing roughly 40% of available tankers not already tied up in sanctions or long-term contracts.

Quiet heir behind massive shipping strategy

Jeong is known in the shipping industry as the low-profile heir to one of South Korea’s major maritime families.

Bloomberg reported that he rarely appears publicly and is known internally for a military-style management approach. Industry anecdotes even describe him challenging employees and business partners to arm-wrestling contests.

Oil supply disruptions reshape tanker market

The Iran war has dramatically altered global oil transportation patterns, forcing ships to reroute and increasing the need for offshore storage.

Under those conditions, Sinokor’s aggressive tanker acquisition strategy is now being viewed as one of the biggest winners of the crisis, Bloomberg said.

WSJ: Sinokor among winners of Hormuz crisis

The Wall Street Journal earlier identified Sinokor as one of the companies benefiting from the Strait of Hormuz tensions.

According to the newspaper, the company purchased dozens of oil tankers and deployed some of them to the Gulf region even before the conflict intensified.

Sources told the Journal that Sinokor is leasing several vessels to ADNOC, the United Arab Emirates’ state-owned oil company, to be used as floating storage facilities.

These vessels can earn up to $500,000 per day in charter fees, the report said.

As land-based storage in Gulf oil-producing countries approaches capacity, producers have increasingly stored crude at sea. Drilling firms in Iraq and Kuwait have even slowed production due to storage shortages.

The WSJ also noted that Greek shipping magnate George Prokopiou adopted a similar strategy, sending at least five tankers to the Strait of Hormuz through his company Dynacom, which is reportedly earning up to $440,000 per day – about four times pre-war rates.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260316010004394

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Editorial: Oil, currency surge raises stagflation fears in South Korea

Fuel prices are displayed at a gas station in Seoul, South Korea, 15 March 2026. South Korea implemented a temporary cap system on 13 March to ease soaring fuel prices and reduce the burden on consumers, setting maximum prices for products oil refineries supply to gas stations and distributors. Photo by YONHAP / EPA

March 16 (Asia Today) — This commentary is the Asia Today Editor’s Op-Ed.

International oil prices and South Korea’s currency are rising sharply again as the Middle East conflict intensifies, raising growing concerns that the country could slide into stagflation.

On March 13, global crude prices climbed back above $100 per barrel, while the Korean won weakened beyond 1,500 per U.S. dollar in overnight trading. The simultaneous surge in energy prices and the exchange rate has heightened fears that South Korea could face a worst-case scenario in which economic growth slows while inflation accelerates.

Such developments threaten to derail the government’s economic targets for the year – about 2% growth and inflation in the 2% range – making emergency policy responses increasingly urgent.

Brent crude futures for May delivery closed at $103.14 per barrel, up 2.7% from the previous day. It was the first time Brent crude exceeded $100 since August 2022.

U.S. West Texas Intermediate (WTI) crude futures settled at $98.71 per barrel, approaching the $100 threshold. Meanwhile, Dubai crude, the benchmark most relevant to South Korea’s imports, surged to $123.50 per barrel, up $34.60 from the previous week.

As oil prices surged, investors turned toward the U.S. dollar as a safe-haven asset. The won-dollar exchange rate closed at 1,497.5 won per dollar in overnight trading, up 16.3 won from the regular daytime session. During trading, the rate briefly rose to 1,500.9 won, crossing the psychologically important 1,500 level for the first time in seven trading days.

The twin surge in oil prices and the exchange rate has been driven largely by escalating tensions in the Middle East.

Iran has openly threatened to block the Strait of Hormuz, a critical chokepoint through which about 20% of the world’s crude oil supply passes. Iran’s new supreme leader, Mojtaba Khamenei, declared a prolonged confrontation in his first official statement on March 12, saying Tehran should continue using the possibility of a Hormuz blockade as leverage against the United States and Israel.

Oil prices, which had briefly stabilized after U.S. President Donald Trump suggested the conflict might end soon, surged again following the statement.

Tensions escalated further after the United States launched airstrikes on Kharg Island, Iran’s largest oil export hub, on March 13. Iran retaliated by attacking the Fujairah port in the United Arab Emirates, a key oil-export route that bypasses the Strait of Hormuz, putting global energy supply chains on alert.

Trump has also urged five countries – including South Korea, China and Japan – to dispatch naval vessels to the Strait of Hormuz, pushing regional military tensions to a new peak.

Economic analysts warn the shock could have serious consequences for South Korea’s economy.

The Korea Development Institute (KDI) warned last week that rising oil prices linked to the Middle East conflict would increase inflationary pressure while weakening economic growth.

The Hyundai Research Institute estimated that if oil prices climb to $150 per barrel, South Korea’s economic growth rate could fall by 0.8 percentage points.

The government is considering a supplementary budget of 10 trillion to 20 trillion won ($7.5 billion to $15 billion) and temporary fuel tax cuts. However, these measures would only offer short-term relief.

A more fundamental solution lies in reducing South Korea’s heavy reliance on Middle Eastern crude oil, which accounted for 69% of total imports last year. Diversifying energy sources by expanding imports from countries such as Brazil and Norway should be pursued urgently.

The government must mobilize every available policy tool – including measures to stimulate domestic demand – to prevent what could become the fourth Middle East-driven oil shock from pushing the economy into stagflation.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260315010004332

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North Korea launches rockets amid U.S. asset redeployment

North Korean leader Kim Jong Un (R) and his daughter Kim Ju Ae watching a live feed of a strategic cruise missile test-fire from the naval Destroyer Choe Hyon at an undisclosed location in North Korea, 10 March 2026 (issued 11 March 2026). According to KCNA, the test aimed to verify the reliability of the national strategic control system, the destroyer’s detection and weaponry, and the overall combat effectiveness of its integrated systems. KCNA / EPA

March 15 (Asia Today) — North Korea conducted a large-scale rocket artillery test shortly after key U.S. air defense assets stationed in South Korea were redeployed to the Middle East, a move analysts say may have been intended to test potential security gaps on the Korean Peninsula.

North Korea fired more than 10 ballistic missiles and conducted a saturation strike drill using 600-millimeter multiple rocket launchers, according to state media.

The Korean Central News Agency said the exercise took place Friday under the supervision of leader Kim Jong Un, who was accompanied by his daughter Ju Ae.

The rockets struck targets on islands in the East Sea roughly 364 kilometers away with what the report described as “100% accuracy.”

The launch involved the simultaneous firing of 12 rockets from the super-large multiple rocket launcher system, one of Pyongyang’s most powerful short-range strike platforms.

Kim said the weapons were capable of striking hostile forces within a 420-kilometer range and emphasized their potential to deliver the destructive power of tactical nuclear weapons.

Military analysts said the drill also showcased improvements to the launcher system.

A new five-tube wheeled launcher appeared designed to reduce vibration during firing, while the time required to raise the launcher to firing position was reportedly shortened to less than one minute.

The changes would allow faster deployment and rapid relocation after firing, a tactic commonly known as “shoot and scoot.”

The approach is intended to help launch units evade detection and counterstrikes by South Korean and U.S. forces.

Experts say the tactic could complicate efforts by the allied kill chain system designed to detect launches and rapidly strike missile sites.

The missile launches came after reports that key U.S. missile defense systems previously deployed in South Korea – including the Terminal High Altitude Area Defense system and Patriot batteries – were partially redeployed to support U.S. operations in the Middle East amid the conflict with Iran.

Analysts say the timing suggests North Korea may be attempting to test the readiness of South Korean and U.S. forces during a period when U.S. assets are being shifted to other theaters.

Yang Moo-jin, a professor at the University of North Korean Studies in Seoul, said the exercise appeared designed to assess South Korea’s military preparedness while amplifying concerns about regional security.

The missile launches also occurred ahead of U.S. President Donald Trump’s scheduled visit to China later this month.

Some analysts say Pyongyang may be signaling its preference for direct negotiations with Washington rather than talks mediated by Seoul.

North Korea has increasingly framed relations with South Korea in terms of “two hostile states,” a position that reflects its strategy of engaging the United States while sidelining the South Korean government.

Lim Eul-chul of Kyungnam University’s Institute for Far Eastern Studies said North Korea may view the shifting deployment of U.S. forces as evidence of a more transactional alliance structure under the Trump administration.

“If Pyongyang believes U.S. forces can be redeployed elsewhere depending on strategic priorities, it may attempt to exploit that perception by conducting more aggressive military tests,” Lim said.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260315010004203

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10 aviation CEO’s ask Congress to fund TSA, avert air travel chaos

March 15 (UPI) — A group of aviation CEOs sent a letter to Congress asking it to end the partial government shutdown and pay TSA, customs and air traffic controllers, as they said the overwhelming number of Americans wants them to.

Airlines for America, a trade association for passenger and cargo airlines, sent an open letter to Congress asking it to fund the Department of Homeland Security so that government employees at airports responsible for the safety of air travel receive their salaries.

This is the second time in six months that the federal government has at least been partially shutdown and follows a 43-day shutdown of nearly all of the government that was the longest in U.S. history.

The letter includes a plea to end the shutdown, on behalf of travel and shipping services that are essential to the nation, and to pass laws that guarantee air traffic controllers, customs agents and TSA agents all continue to be paid in the event of future shutdowns.

“Americans — who live in your districts and home states — are tired of long lines at airports, travel delays and flight cancellations caused by shutdown after shutdown,” the CEOs wrote in the letter. “Yet, once again, air travel is the political football amid another government shutdown.”

The CEO’s who sign the letter include those from Alaska Air, American Airlines, Atlas Air, Delta Air Lines, FedEx, JetBlue Airways, Southwest Airlines, United Airlines, UPS and Airlines for America.

The CEO’s predict that with spring break, the World Cup, America’s 250th birthday and anything else that an expected 171 million passengers will travel for in the coming months, the chaos similar during the shutdown last fall is likely to happen again.

“TSA agents just received $0 paychecks,” they wrote in the letter. “That is simply unacceptable. It’s difficult, if not impossible, to put food on the table, put gas in the car and pay rent when you are not getting paid.”

Last year’s shutdown was ended when Congress agreed to fund the government through Jan. 30, with plans to pass appropriations bills to then fund the government through the rest of the year.

Amid the Trump administration’s immigration crackdown, after the deaths of two U.S. citizens in three weeks at the hands of U.S. Customs and Border Control agents, Democrats and some Republicans in Congress held back an appropriations bill for the Department of Homeland Security.

While the agencies handling the administration controversial crackdown are under DHS, the department also is responsible for the Transportation Security Administration, which handles air travel.

Democrats have refused to vote for the funding until guardrails are put in place with the funding for the department’s immigration enforcement efforts, including limits and certain tactics and requiring officials in the field to wear body cameras.

TSA employees missed their first paycheck of the current shutdown this weekend, after Republicans refused a proposal to fund TSA, the Coast Guard, the Federal Emergency Management Agency and the Cybersecurity and Infrastructure Agency, while continuing to hold back funding for those for immigration-related agencies for further debate.

In addition asking the government to fund TSA, the CEOs asked Congress to pass the Aviation Funding Solvency Act, the Aviation Funding Stability Act and the Keep America Flying Act would guarantee that federal aviation workers get paid in the face of future government shutdowns.

President Donald Trump speaks during an event celebrating Women’s History Month in the East Room of the White House on Thursday. Photo by Bonnie Cash/UPI | License Photo

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China restarts military flights near Taiwan

Taiwan on Sunday reported a sudden surge in Chinese military aircraft flying near the island and crossing its air defense alert zones after a two week period of relatively few of the flights. The Taiwanese Defense Ministry noted, however, the China’s Navy — its Shandong aircraft carrier can be seen during a Chinese military exercise in 2025 — continued to circle the island daily. File Photo by Taiwan Military News Agency/EPA-EFE

March 15 (UPI) — Taiwan’s defense ministry on Sunday said that more than two dozen Chinese military aircraft and several naval vessels were detected near the island, which comes after a period with relatively few such incursions.

After decreased presence of Chinese incursions into the island’s air defense identification zone (ADIZ) during the last two weeks, China sent 26 aircraft that were spotted around the island – 16 of which violated the ADIZ – and seven naval vessels sailed toward it, The Independent and The Wall Street Journal reported.

China considers Taiwan to be its territory. On a regular basis, it sends military aircraft and naval vessels toward the island, but during 10 of the last 16 days — from Feb. 27 to March 5 and March 7 to 10 — no flights near the island were reported.

On the other days, there were as few as two flights detected.

Taiwan regards the incursions into its airspace and waters as routine harassment, for the most part, but China also has held military exercises close to what Taiwan considers its territory and has threatened to take the island by force if it deems it necessary.

Wellington Koo, Taiwan’s defense minister has said that although there has been a noticeable decrease in aircraft nearing or crossing the ADIZ, the island nation’s military planned to stay on guard.

“We cannot rely on a single indicator like the absence of aircraft,” Koo told The Journal, because naval vessels still circle the island daily.

Analysts have suggested that the decrease in incursions is timed to a meeting of the Chinese legislature, which has happened previously, or be part of a diplomatic or strategic play before U.S. President Donald Trump and Chinese President Xi Jinping meet in Beijing at the end of the month.

An Iranian man raises a portrait of new supreme leader Mojtaba Khamenei during a rally on Revolution Street in Tehran on March 9, 2026. Photo by Hossein Esmaeili/UPI | License Photo

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Displaced families in Lebanon turn vehicles into rain-soaked shelters | Hezbollah

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Displaced families in Sidon are turning their vehicles into makeshift shelters, covering them with tarp to shield themselves from the rain after failing to find space in local schools. Hundreds of thousands have been forced from their homes as Israel’s offensive in Lebanon intensifies.

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A dozen arrests as hundreds attend Al-Quds Day rally in London | Israel-Palestine conflict News

Police make 12 arrests as demonstrators defy government restrictions to gather on Thames embankment.

Hundreds gathered in central London for the annual Al-Quds Day demonstration, an international show of solidarity with Palestinians that this year took place under sweeping new restrictions and a heavy police presence.

Crowds assembled on Sunday along the Albert Embankment of the River Thames, where demonstrators waved Palestinian flags, held banners, and chanted slogans – some carrying images of Iran’s late Supreme Leader Ayatollah Ali Khamenei, who was killed earlier this month during US-Israeli attacks on Iran.

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Police made 12 arrests during the event, including for showing support for a proscribed organisation and threatening or abusive behaviour.

Chants of “from the river to the sea” and “Israel is a terror state” were heard. Al-Quds Day is named after the Arabic name for Jerusalem.

More than 1,000 officers were deployed across the area ahead of what police Assistant Commissioner Ade Adelekan warned would still be “a difficult public order weekend”. Earlier estimates suggested 12,000 people could attend, but only hundreds showed up.

The demonstration marked the first time in more than a decade that authorities banned the march through the capital.

Home Secretary Shabana Mahmood approved Scotland Yard’s request for a month-long prohibition on marches, with the government citing public disorder risks linked to the “volatile situation in the Middle East”, and potential clashes between different groups of demonstrators.

Organisers from the Islamic Human Rights Commission proceeded with a “static” rally in defiance, telling supporters the event would go ahead regardless.

The group accused London police of having “capitulated to the pressure of the Zionist lobby”.

‘Words have consequences’

Al-Quds Day takes place annually on the final Friday of Ramadan, with rallies held worldwide in solidarity with Palestinians and in opposition to Israel’s occupation of Palestinian territory. It was held on Sunday in London as Friday was a regular workday.

Police put demonstrators on notice that “intifada” chants and displays of support for proscribed groups would result in arrest, with Adelekan stating “these words have consequences”.

On the opposite bank, a smaller counterprotest organised by Stop The Hate and the Lion Guard of Iran drew Iranian dissidents and others opposed to the Islamic Republic, some waving Israeli flags.

Scotland Yard used the River Thames as a physical barrier, with police boats patrolling the water and Lambeth Bridge closed to separate the two sides.

Both demonstrations were confined to the stretch between Vauxhall and Lambeth bridges and permitted only between 1pm and 3pm.

Both demonstrations wrapped up at 3pm, with police saying the security plan had worked and neither side attempted to breach conditions by marching.

LONDON, ENGLAND - MARCH 15: People take part in an Al Quds Day rally on March 15, 2026 in London, England. Britain's Home Secretary, Shabana Mahmood, has formally banned the Al Quds Day London march organised by the Islamic Human Rights Commission after a request from the Metropolitan Police citing a high risk of "serious public disorder" due to ongoing tensions in the Middle East. While the moving march is prohibited, a static rally is proceeding because UK law does not currently grant the power to ban stationary assemblies. This marks the first time a protest march has been banned in the UK since 2012. (Photo by Carl Court/Getty Images)
The rally was the first protest march to be banned in the United Kingdom since 2012 [Carl Court/Getty Images]

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What is force majeure and why are some Gulf countries invoking it? | US-Israel war on Iran

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Two brothers survive after Israeli troops kill family in occupied West Bank | Occupied West Bank

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