vows

President Lee Jae Myung on Friday pledged unwavering commitment to workplace safety in his address to mark Labor Day at Cheong Wa Dae.

“I will neither compromise nor make concessions on workplace safety,” he said, vowing to build a “normal” country where no worker ever has to risk their life at work.

“Safeguarding workers is the most basic responsibility of any nation and any business,” he said.

The president also pushed back against the notion that worker welfare and business growth are incompatible, stressing the two are mutually dependent.

“We can only move forward by breaking free from the outdated thinking that being pro-business means being anti-worker,” he said. “Growth has a future only when labor stands behind it” he said.

Amid growing concerns that artificial intelligence (AI) threatens jobs, the president sought to reassure the public that the government prioritizes people over productivity.

“As technologies advance, the prevailing view is that machines powered by artificial intelligence will largely replace human labor,” he said. “But it is not right to ask workers to sacrifice themselves in the name of productivity,” he said, adding that growth that leaves workers behind is not growth at all.

Lee called workers “the backbone of our economy,” who keep things running on the ground and drive the spending that fuels growth.

It marked the first time a Labor Day event has been held at Cheong Wa Dae. The event brought together some 130 participants, including key figures from labor, management and government, as well as workers from diverse occupations, to mark the occasion.

It also marked the first time two major umbrella labor unions — the Federation of Korean Trade Unions and the Korean Confederation of Trade Unions — that are said to hold different political views both took part in such an event.

South Korea had initially observed Labor Day on May 1 before it was renamed “Workers’ Day” in 1963. The government restored the name to Labor Day last year and designated it as a national holiday earlier this year, allowing all workers to take the day off.

In celebration of Labor Day, a variety of events took place across the country, highlighting the value of work and its role in improving quality of life and driving economic growth.

Copyright (c) Yonhap News Agency prohibits its content from being redistributed or reprinted without consent, and forbids the content from being learned and used by artificial intelligence systems.

Iran says it will respond with “long and painful strikes” on US positions across the Gulf region if Washington renews attacks, and has restated its claim to the Strait of Hormuz, complicating the plans of the United States for a coalition to reopen the waterway.

Two months into the US-Israel war on Iran, the strait remains closed, choking off 20 percent of the world’s oil and gas supplies. That has sent global energy prices surging and heightened concerns about the risks of an economic downturn.

Pakistan-led efforts to resolve the conflict have hit an impasse. Despite a ceasefire in place since April 8, Iran continues to block the strait in response to a US naval blockade of its ports, preventing oil exports – Tehran’s economic lifeline.

Iranian Ministry of Foreign Affairs spokesman Esmaeil Baghaei defended the closure of the Strait of Hormuz. “This is because of the war and the defence of our right – that is, according to international law, it is legitimate, legal, and accepted,” he said on Thursday night, Iran’s official news agency IRNA reported.

He accused the US of “exploiting a waterway” of which Iran is the coastal state. “In such circumstances, you cannot allow this waterway to be misused,” he said.

Baghaei also justified attacks on US assets in Gulf countries.

“Unfortunately, the regional countries also truly acted unjustly; during the holy month of Ramadan, they cooperated with a foreign party in attacking an Islamic country, and this is something that will remain a permanent demand.”

On Thursday, the United Arab Emirates said it had banned its citizens from travelling to Iran, Lebanon and Iraq, and urged those currently in those countries to leave immediately and return home.

Then, on Friday, in response to Iran’s threat to hit targets in the Gulf, the adviser to the UAE’s president, Anwar Gargash, said: “No unilateral Iranian arrangements can be trusted or relied upon, following its treacherous aggression against all its neighbours.”

Bahraini King Hamad bin Isa Al Khalifa also condemned what he described as Iranian aggression against Manama and accused Tehran of threatening its security and stability and exposing internal collaborators.

In a statement, the king expressed anger at individuals and some legislators accused of siding with the attackers, warning that traitors could face imprisonment, loss of citizenship and expulsion. He stressed that loyalty to the nation is “paramount”, urging unity and accountability, and said parliament must be “cleansed” of those who support enemies.

New US strikes?

It is unclear whether the US is planning to renew its attacks on Iran.

Friday is the deadline for Congress to approve the war. Without that – or a 30-day extension, which the Trump administration must also justify by the day – the US will have to scale back its offensive significantly under the 1973 War Powers Resolution.

A senior administration official said late on Thursday that, for the resolution, hostilities had ceased with the start of the April ceasefire between Tehran and Washington, effectively resetting the clock.

President Donald Trump received a briefing from officials on Thursday on plans for a series of further military strikes to pressure Iran to negotiate an end to the conflict, US publication Axios reported, quoting sources.

US Democratic Senator Richard Blumenthal told CNN on Thursday that he had the “impression from some of the briefings”, as well as from other sources, that “an imminent military strike is very much on the table”.

He added that this prospect was “deeply disturbing” because it could “well involve American sons and daughters in harm’s way” and lead to “potential massive casualties”.

Bracing for attack

Meanwhile, Iran has been bracing itself for likely attacks. Air defence activity was heard in some areas of the capital, Tehran, late on Thursday, Iran’s semi-official Mehr news agency reported, and the Tasnim news agency said air defences were engaging small drones and unmanned surveillance aerial vehicles.

A senior official of the Islamic Revolutionary Guard Corps (IRGC) said any new US attack on Iran, even if limited, would usher in “long and painful strikes” on its regional positions. Iranian media reports, quoting the aerospace force commander, Majid Mousavi, said: “We’ve seen what happened to your regional bases, we will see the same thing happen to your warships.”

Supreme Leader Mojtaba Khamenei said in a written message to Iranians that “the enemies’ abuses of the waterway” would be eliminated under the new management of the strait, indicating that Tehran intended to maintain its hold over it.

“Foreigners who come from thousands of kilometres away … have no place there except at the bottom of its waters,” he said.

Multiple scenarios

Reporting from the White House, in Washington, DC, Al Jazeera’s Mike Hanna said: “There’s no doubt that there have been various scenarios laid out for him [Trump] by his military advisers and by his intelligence advisers as to what to do should the ceasefire no longer be extended.”

“Obviously, that would involve some form of armed action, some form of intensified economic action.”

“There’s absolutely no doubt that President Trump has all sorts of scenarios that have been laid out in front of him, but very clearly as well, it’s going to be him and him alone who will choose what to do next,” Hanna added.

April 30 (Asia Today) — U.S. Rep. Young Kim on Tuesday pledged to work for the swift reauthorization of the North Korea Human Rights Act, which has lapsed for more than six years, vowing to serve as a “voice” for North Korean defectors.

Kim made the remarks while chairing a roundtable at the Rayburn House Office Building in Washington attended by 11 North Korean defectors as part of North Korea Freedom Week.

“I will do my best to ensure the North Korea Human Rights Act is reauthorized as soon as possible in this Congress,” Kim said.

Kim stresses urgency of reauthorization, shifts from English to Korean

Kim opened the meeting in English, noting that she has been involved in North Korea human rights issues for more than 30 years, including 21 years as a congressional staffer and later as an elected lawmaker.

After listening to defectors’ testimony, she switched to Korean without an interpreter, appearing to emphasize her commitment more directly.

“The most important thing from what you said is that we must work together to reauthorize the North Korea Human Rights Act,” she said in Korean.

She highlighted that a key component of the legislation is funding for broadcasting into North Korea.

“Broadcast resources are essential,” Kim said, noting that transmissions into North Korea have weakened, including those from outlets such as Radio Free Asia and Voice of America.

“I will be your voice and speak with my colleagues to ensure the act is reauthorized,” she said.

Susan Scholte, head of the North Korea Freedom Coalition and the Defense Forum Foundation, said Sen. Tim Kaine is preparing to introduce a Senate version of the bill corresponding to the House legislation.

Kim says human rights conditions worsening despite greater information access

Kim said North Korea’s human rights situation has not improved over decades and has in some respects worsened.

“Even after decades, nothing has changed,” she said. “If anything has changed, it is that North Korean people now know more about the outside world than ever before, while crackdowns on external media have reached unprecedented levels.”

She argued that any meaningful change in North Korea must come from within, driven by the spread of information.

“If regime change happens, it must come from inside,” Kim said. “It should begin with people like those here who share information through broadcasting.”

Defectors recount hardships, escapes and role of outside information

Defectors at the roundtable shared personal accounts of life in North Korea and their paths to escape.

One defector said he came to understand the reality of the regime after listening to foreign radio broadcasts, which ultimately influenced his decision to flee.

Another described being detained in Russia after drifting into its waters while fishing and later seeking help from human rights groups after exposure to South Korean media via USB devices.

Others recounted losing family members to starvation, enduring forced labor and being trafficked into China before eventually reaching South Korea.

One defector said she had been forcibly repatriated to North Korea eight times and was separated from her young child, whose fate remains unknown.

Survey shows role of broadcasts, concerns over China surveillance

Kim Ji-young, head of Free North Korea Radio, presented survey results of 75 defectors who arrived in South Korea after 2022.

She said 66% reported accessing foreign broadcasts at least once a week, which inspired aspirations for freedom and motivated their escape.

All respondents said North Korea’s so-called “three major repressive laws” reflect fears of regime instability and efforts to maintain authoritarian control.

Kim also raised concerns about defectors in China, including cases in which children born to North Korean women and Chinese fathers are left stateless, as well as reports that Chinese authorities use artificial intelligence-based facial recognition to track and repatriate defectors.

One participant said she has avoided traveling to China due to fears of abduction or poisoning, adding that South Korean authorities have advised her against visiting.

U.S. lawmaker calls for stronger joint efforts

Rep. James Moylan said the United States and South Korea should strengthen cooperation to bring about meaningful change in North Korea without another decades-long delay.

In an interview with Voice of America, Moylan said radio broadcasting is an effective tool for change, adding that increased access to information, combined with support from advocacy groups and the United States, can help drive transformation.

— 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=20260430010009822

In an interview with Euronews, EU Trade Commissioner Maroš Šefčovič issued a firm warning that the European Union will not hesitate to defend its industries after Beijing signaled possible retaliation over new EU plans to bolster its industrial base.

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China this week up the pressure on Brussels, threatening countermeasures unless the EU softens core elements of its “Made in Europe” proposal—designed to tighten market access for foreign companies—and its Cybersecurity Act, which could ultimately restrict Chinese telecom firms’ presence across the bloc.

Asked about China’s reaction to what the EU describes as much-needed measures to reinforce its sovereignty and restore a level playing field, Šefčovič told Euronews the EU will “always” defend the interests of its companies.

“We will fight tooth and nail for every European job, for every European company, for every open sector, if we see they are treated unfairly,” said Šefčovič in comments to Euronews in an exclusive interview Friday.

Ballooning trade deficit in detriment to EU

Relations between Brussels and Beijing have deteriorated sharply over the past year, with China tightening export controls on rare earths vital to Europe’s clean-tech and defence industries, as well as restricting chips essential to the automotive sector, intensifying pressure on already fragile supply chains across the bloc.

In response, the EU has pushed for legislative proposals in the domain of cybersecurity and single market rules for companies, prompting a sharp reaction from China which has accused the EU of unfair practices. Earlier this week, Beijing said the EU should not underestimate China’s “firm resolve” to safeguard its interests.

Šefčovič rejected the suggestion that recent developments signal a looming trade war but stressed that the EU does not operate under pressure and expects to be treated with respect. “We never threaten our partners, and we certainly don’t do it through the media,” he said. “What we need is strategic patience and a great deal of courage.”

He said a “war” is often easy to start, but difficult to exit. A Chinese official told Euronews Beijing does not wish for a trade spat to escalate, but said China is serious about what it considers discriminatory practices. The EU disputes discrimination.

The EU’s trade chief pointed to a ballooning trade deficit between the two sides as a cause for concern. The bloc’s trade gap with China surged to €359.3 billion in 2025, a level Šefčovič called “simply unsustainable” that does not show signs of improvement.

He also said policymakers, the European parliament and economic actors in the EU have delivered “a very strong economic and political reaction” to tackle the trade deficit.

So far, Brussels has failed to secure meaningful commitments from Beijing to rebalance trade relations. At the same time, EU officials are growing increasingly concerned that Chinese exports—shut out of the US market by higher tariffs—are being redirected towards Europe. Brussels also points to China’s overcapacity as a source of concern.

The EU is now pressing Beijing to enter serious negotiations and deliver concrete results.

“I invited the Chinese foreign minister to visit Brussels because I think we need a very thorough assessment of the current situation,” Šefčovič told Euronews. “What I want is constructive engagement.”

Faced with a surge in low-cost Chinese imports, the EU is relying on trade defence instruments to counter what it sees as dumped and heavily subsidised goods, while also monitoring efforts by Chinese firms to bypass restrictions by shifting production outside China. Šefčovič made clear the EU will not be pushed into retreat from those issues.

“There are very strong industrial policies in China. You have the same in the US, in Canada, in Japan and in Korea. So, nobody should be surprised if the European Union responds in kind—especially when it comes to public money and public funds.”

April 27 (UPI) — British King Charles III and Queen Camilla arrived in the United States for a state visit Monday as President Donald Trump issued public assurances that the monarch would “be very safe.”

The British Ambassador to the United States Christian Turner and U.S. Chief of Protocol Monica Crowley greeted Charles and Camilla after they landed at Joint Base Andrews on Monday afternoon.

President Trump and first lady Melania then welcomed them at the South Portico of the White House, where they posed for photos outside, NBC News reported.

Following discussions between Buckingham Palace and the White House following Saturday’s shooting at the White House Correspondents’ Association Dinner in Washington, Buckingham Palace announced Sunday that Charles and Queen Camilla would be going ahead with the visit, with some very minor changes.

The president told CBS’s 60 Minutes on Sunday that the White House, which King Charles will visit, was “really safe.”

“I think it’s great, he’ll be very safe… the White House grounds are really safe. This area of not very many acres is really safe. And he’ll be staying here, I believe he’s going to a couple of other locations because he’s here for a few days,” Trump said.

“They called him and they are so looking forward to being here. We spoke this morning.”

The palace said in a statement Sunday that the royal couple was eagerly anticipating their trip.

“Following discussions on both sides of the Atlantic throughout the day, and acting on advice of the government, we can confirm the state visit by their majesties will proceed as planned. The king and queen are most grateful to all those who have worked at pace to ensure this remains the case and are looking forward to the visit getting underway tomorrow.”

Preparations for the visit, which is in reciprocation for Trump’s state visit to Britain in September and to mark the United States’ 250th anniversary, were at an advanced stage when Saturday’s incident occurred, with Britain’s Union Jack flag flying alongside the Stars and Stripes in the streets around 1600 Pennsylvania Avenue.

Turner said Prime Minister Keir Starmer called Trump on Sunday to wish him well following the shooting and that the visit would go ahead largely unchanged.

Charles and Camilla also contacted the Trumps privately following Saturday’s attack to express their sympathy.

Turner said the focus of the visit would be “renewing and revitalising a unique friendship.”

The “shared history, shared sacrifice and common values” of the two countries would be on display, highlighting a partnership that made the people of both the United States and Britain “safer, richer and happier,” he added.

After an official welcoming ceremony and events at the White House on Tuesday, Charles is expected to then head to Capitol Hill to address both houses of Congress, before Trump and first lady Melania Trump host an official state dinner for the royal couple in the East Room of the White House in the evening.

On Wednesday, the royal couple will go on to New York where Charles will be hosted by New York Mayor Zohran Mamdani for a wreath-laying ceremony ​to commemorate the 67 British victims of the September 11, 2001, attacks.

Charles and Camilla return to Washington for their formal parting with their hosts on Thursday before heading to Virginia and then onwards to the British overseas territory of Bermuda.

The visit comes at a time when trans-Atlantic relations have been strained over the United States’ war with Iran, with Trump angered that Britain has not supported it, although it has allowed U.S. military aircraft to use British air bases in Britain and in Diego Garcia.

Trump has repeatedly attacked Starmer over his refusal to back the U.S. military offensive but the pair are also at odds over “opening” North Sea oil and gas fields, with Trump saying it was imperative Britain resumed drilling and extraction, and immigration, where he said Starmer needed to emulate the “strong” policies of the United States.

London is hoping the royal visit will go some way to smoothing over the difficulties, particularly given Trump’s well-known admiration for the British monarchy.

Asked by the BBC on Thursday whether the king coming to the United States would heal the rift, Trump said it was very likely to.

“Absolutely. He’s fantastic. He’s a fantastic man. Absolutely the answer is yes. I know him well, I’ve known him for years. He’s a brave man, and he’s a great man. They would absolutely be a positive.”

However, he was less positive regarding his relationship with Starmer but said he still had a chance to recover from a domestic crisis over his appointment of Peter Mandelson as ambassador to Washington if he changed direction on energy and immigration.

Writer Ali Graves renewed her vows after 20 years, on the most luxurious Caribbean island with her 3 kids in tow

You’d be forgiven for thinking that holidaying with the kids means giving up luxurious touches for standard family friendly resorts – complete with watered down cocktails and mediocre rooms – but you’d be wrong, as I was about to discover.

A very comfortable nine-hour flight with British Airways, across the Atlantic to the Beaches resort in Turks & Caicos soon blew that theory out the window for me. We travelled as a family of five and despite the ages in our party (ranging from 12 to 46), there was one universal expression as we set sandy foot onto property… wide-opened mouths of delight.

Our first taste of the Turks & Caicos

White sands, crystal-clear turquoise waters and a perfect, 28ºC breeze quickly told us that we had truly landed in paradise.

Beaches is a sister resort to Sandals and offers all the same luxurious amenities, but with a bonus – they’re family-friendly, so the little ones can come too. This isn’t their own spot, there’s another Beaches in Jamaica, too.

Turks & Caicos is made up of 40 islands and cays (small, sandy islets) but only nine are inhabited. Providenciales Island is the main centre, with our hotel located at the western end Grace Bay Beach – 12 miles known as the most beautiful white sand beach in the world. It borders the Princess Alexandra National Park and, for ocean lovers, it’s the perfect spot for snorkelling by Bight Reef Coral Gardens.

The perfect place to say ‘I do’ – again

Of course an island this beautiful is also a perfect destination for a wedding, honeymoon or – as my husband and I did – a Retying the Knot ceremony. We celebrated our 20-year anniversary while visiting and it was a privilege to mark this in style, and with staff so loving and attentive, there was nowhere more perfect.

We arranged this ahead of visiting and throughout the lead up, the lovely wedding team – especially Erika and Maureen – stayed in touch to arrange flowers, photographers and music choices, cake flavours and cocktails.

We chose a dreamy beach location, and the pictures are the best souvenir ever. I was pregnant on our first honeymoon so you could say I’d waited 20 years for my island cocktail! To sip on those exotic flavours while falling in love all over again, with our children by our side, was nothing short of heavenly.

From family adventures to adults-only relaxing

But this island is not just for weddings and newlyweds. In fact, who you’re here with – whether you’re a couple, a family with little ones or teens – will help you decide where is best to stay on site. The resort is split into five ‘villages’ – Key West Village (where we stayed in a plush two-storey, two bed concierge suite), Caribbean Village, Italian Village, French Village and new from last month, Treasure Beach Village. Each has their own ‘personality’ from family-style fun with quizzes, dance competitions, a swim-up bar and water aerobics in the Italian Village, to smaller, intimate pools and a quieter vibe in Key West, including adults-only pools and jacuzzi spots. Treasure Beach packs quite the luxurious punch with an infinity pool that drops into picturesque views of the Atlantic and fine dining options.

Luxury options at the restaurants

Beaches is all-inclusive, covering food, drink entertainment and water sports. And the food is exceptional, with something for every palate. If you fancy chilli cheese dogs, fries and pizzas washed down with a snow cone then you’re covered, but if sushi, steaks and lobster with fine island wine are more your vibe then it’s all here.

I have two tips on the food front. First, don’t miss the only restaurant you’ll need to book: Kimonos. This Teppanyaki-style, interactive dining experience is so much fun, with singing chefs and electric energy, and the meats are exceptional, too. Our personal favourite though, was Pinta in Treasure Beach Village which offered a worldwide cuisine menu – the pork belly poke bowl, roast pumpkin tacos and apricot rum punch will live rent free in my head for years to come.

Try the resort coffee too – Jamaican Blue Mountain. It’s cultivated in the high-altitude Blue Mountains and it’s a spectacular wake-up call at breakfast.

Red Lane Spa is located in two places on the resort – in Key West and in French Village – and is a paradise within paradise. My daughter and I chose tropical facials and left floating, with scents of mango and pineapple, and a bag of treats to bring home, too.

How to book this Turks & Caicos resort

Seven nights at Beaches Turks & Caicos in a Two Bedroom Concierge Suite costs from £7,449 per adult and £1,025 per child, based on two adults and two children under 12 sharing, including all-inclusive accommodation, concierge service, return flights, resort transfers, kids clubs, waterpark access and more. To book, call 0800 597 0002 or visit www.beaches.co.uk.

Kevin Warsh, United States President Donald Trump’s pick to lead the Federal Reserve, has addressed concerns about his independence pending his appointment to the bank amid fears that Trump could sway his decisions on monetary policy.

On Tuesday, Warsh — who served on the central bank’s Board of Governors from 2006 to 2011 — faced waves of criticism during a confirmation hearing of the Senate Banking Committee where Democrats voiced concerns about the Fed’s independence should he be appointed to lead the organisation.

Senator Elizabeth Warren of Massachusetts, the ranking Democrat on the committee, questioned Warsh’s independence, alleging that he would be a “sock puppet” for Trump, concerns he pushed back against and addressed in his opening testimony.

“I do not believe the operational independence of monetary policy is particularly threatened when elected officials — presidents, senators, or members of the House — state their views on interest rates,” Warsh said.

“Monetary policy independence is essential. Monetary policymakers must act in the nation’s interest . . . their decisions the product of analytic rigour, meaningful deliberation, and unclouded decision-making.”

Warsh, 56, also called for “regime change” at the US central bank, including a new approach for controlling inflation and a communications overhaul that may discourage his colleagues from saying too much about the direction of monetary policy.

Warsh blamed the central bank for an inflation surge after it slashed interest rates to nearly zero in the wake of the COVID-19 pandemic, a move that continues to hurt US households.

Concerned by the implications of artificial intelligence for jobs – expected to increase productivity – and prices, he said he would move quickly to see if new data tools could provide better insight on inflation, and would also discourage policymakers from saying too much about where interest rates might be heading.

“What the Fed needs are reforms to its frameworks and reforms to its communications,” the former Fed governor said. “Too many Fed officials opine about where interest rates should be … That is quite unhelpful.”

Warsh has also long been an advocate for shrinking the Fed’s $6.7 trillion balance sheet. In the Tuesday hearing, he said any such plans would take time and must be publicly discussed well in advance.

Jai Kedia, a research fellow at the Center for Monetary and Financial Alternatives at the libertarian Cato Institute, told Al Jazeera that there were many “encouraging” signs in Warsh’s candidacy.

“Warsh is presenting himself as a regime change candidate at a time when the Fed needs serious reform,” Kedia noted. “Particularly encouraging was his understanding of the negative effects of QE and his focus on reducing the balance sheet. He also correctly criticised mission creep and acknowledged that the Fed did better when it kept its focus on the dual mandate [of keeping inflation at 2 percent and increasing employment].”

Quantitative easing or QE is an unconventional monetary policy under which a central bank lowers interest rates, among other measures, to boost the economy, a step taken by central banks in several developed countries during the pandemic.

Warsh’s private investments, at well over $100m, are also under scrutiny. Among them are two holdings in the Juggernaut Fund LP, apparently part of his work advising for the Duquesne Family Office, the private investment firm of Stanley Druckenmiller.

Warsh’s nearly 70-page financial disclosure also showed that his other holdings include investments in Elon Musk’s SpaceX and the prediction trading platform Polymarket.

“I agreed to divest virtually all of my financial assets, the large majority of which will be divested” before taking office, Warsh said without giving any details.

Warsh noted that selling his holdings comes with challenges. He said that when that process is completed, he would have “virtually no financial assets” and “we’ll be sitting in something like cash”.

Warren, however, questioned him about the divestment plan. “Do we have any way to verify that, in fact, these sales will occur if we have no idea what’s in them?” she asked.

Political hurdles

The hearing quickly turned contentious, and the pace of Warsh’s confirmation process through the Senate remained in doubt.

He would not directly say that Trump lost the 2020 election – a statement of fact that Senator Warren said was a litmus test of Warsh’s independence from the Republican president who nominated him for the top Fed job.

Yet even amidst the focus on independence, Warsh needs 13 votes to clear the 24-member Senate Banking Committee.

North Carolina Senator Thom Tillis said he would vote against Trump’s nominee and join Democrats, which would create a 12–12 split. The committee has 13 Republican members and 11 Democrats.

Tillis said he would not vote for any Trump nominee until an investigation into current Fed Governor Jerome Powell, whose term ends May 15, is either concluded or called off. Last month, federal prosecutors said they found no evidence of wrongdoing. But Jeanine Pirro, the US Attorney for the District of Columbia, has not indicated that the investigation will be dropped.

Tillis said on Tuesday that he would support Warsh’s nomination once the probe into Powell is dropped.

“Today’s confirmation hearing underscored that Warsh is aiming for independence with guardrails,” noted Selma Hepp, chief Economist of Cotality, a market analytics company. “He rejected being a political ‘sock puppet’ and argued the Fed protects its autonomy by ‘staying in its lane.’ He offered no pre-commitment on rates, while emphasising inflation discipline, a large balance sheet, and a desire for clearer Fed communication.”

Noel Dixon, senior macro strategist at State Street, said that with Warsh, the US would have a “dovish-leaning Fed”.

“When a senator asked him if he would lower rates to 1 percent – I guess Trump had indicated that he would like to have rates below 2 percent – Warsh didn’t really say no to that,” Dixon noted. “He didn’t say that it would increase prices. He kind of leaned on it and said there would be a lagged effect, and he was just very noncommittal to that. So it’s almost like – just reading between the lines – he’s giving himself space to maintain possible justification for rate cuts by the end of the year.”

Trump has continued to pressure the central bank.

On Tuesday, he said he would be “disappointed” if the Fed did not lower interest rates.

Tuesday’s remarks follow comments in December, when the US president said he would not appoint anyone to lead the central bank unless they agreed with him.

“The public needs to know whether Mr. Warsh will have the courage of his convictions or if he’s willing to compromise his independence and accommodate more Wall Street deregulation,” Graham Steele, an academic fellow at the Rock Center for Corporate Governance at Stanford University, told Al Jazeera in an email.

Warsh has praised the administration for its push for increased bank deregulation. In a November 2025 op-ed for the Wall Street Journal, Warsh claimed that Trump’s “deregulatory agenda” is “the most significant since President Ronald Reagan’s”.

The attack comes hours after US President Donald Trump announced he is sending his team to Islamabad for possible talks with Iran. 

Closing a two-day Western trip, President Clinton on Tuesday pledged to Los Angeles audiences his special commitment to help the California economy, while asking state residents to do their part for the economic plan he is pushing through Congress.

Clinton, in mobbed campaign-style stops in South-Central Los Angeles and at Los Angeles Valley College in Van Nuys, asserted that the U.S. economy won’t recover until the nation’s largest state can pull itself out of its slump. “We can’t turn this economy around unless we’re going to lift California up,” Clinton told students at the community college.

The President also signaled his interest in California immigration problems, saying that he will soon pick a “compassionate but hard-headed” person to head the Immigration and Naturalization Service. He said he hopes to get Atty. Gen. Janet Reno’s recommendation for that post as early as this week.

Clinton, who has traveled out of Washington for part of the past two weeks trying to drum up support for his economic plan, visited a black-owned apparel store on South-Central’s Florence Avenue to illustrate his view that the riot-torn area can only be rebuilt through a joint effort of government and business. He used the community college stop to stress his advocacy of continually retraining workers to make them competitive in a world economy.

The Clinton road show has been part economics seminar and part campaign extravaganza, and his visit to Los Angeles was no exception.

At the community college, he sat on a wooden stool under flowering mimosa trees to field questions from students on education, jobs, immigration and other subjects. At the South-Central stop, he and Commerce Secretary Ronald H. Brown toured the store, then stripped off their suit jackets and ties and shot baskets for a few minutes with a group of youngsters.

The crowds were large and warm, but Clinton’s most impassioned defense of his program came when hecklers taunted him at the community college. To their chants “You broke your promise”–referring to his pledge not to raise taxes on the middle class–and “No new taxes,” the President rejoined:

“You know what the ‘no new tax’ crowd did for 12 years? They cut taxes on the rich, raised taxes on the middle class and left the country in a ditch,” he said. “The free lunch crowd has had their chance.”

He cited as proof of his commitment to California the efforts of Commerce Secretary Brown, who has visited the state seven times since January to help coordinate the government’s effort to help the economy. He said he had asked Brown to “map a specific plan to turn this economy around.”

The President told the college students he would like to help the state’s economy through increased aid for laid off defense workers and their communities, additional community policing and financial aid to offset immigration-related costs.

He made again a pitch for the central idea of his economic plan, that the country needs to cut its deficit while increasing spending–”investment”–for other purposes that will strengthen the economy over the long term.

In South-Central Los Angeles, Clinton visited The Playground, a community center and sporting goods store on Florence Avenue just one mile west of where rioting erupted last year. It was founded by a business person, a lawyer, a doctor and ex-gang members from the Crips. A basketball court was established in back so youths could play as well as buy merchandise.

While the store has received no federal aid, Clinton used it to illustrate his Administration’s redevelopment strategy, which also calls for the use of tax-advantaged “empowerment zones” to bring commerce to distressed areas.

After touring the store and meeting its owners, Clinton headed for the basketball court. He shed his coat, removed his shoes and socks and deposited the contents of his pockets in a shoe box.

In front of a phalanx of several dozen photographers, Leonard Baylor, 8, presented Clinton with a gift of size 13 sneakers.

“Thank you, Mr. President, for coming,” Leonard told the President. “Here, take these shoes.” Then, the boy said to the President: “Shoot some hoops with us?”

Baylor broke into tears–because he was overcome with emotion, a store owner later said. The President pulled Baylor close to comfort him.

Clinton pulled off his tie and pulled on athletic socks and the sneakers. Brown did the same. They then joined 18 youths on the court ranging in age from 6 to 17.

The President captained one team and Brown led another while a friendly crowd of about 200 as well as reporters and camera crews looked on.

Clinton, with shirttails flapping from the back of his baggy suit pants, missed his first two shots, then saved face by hitting from 10 feet out. Brown, however, swished from 20 feet away.

Clinton also grabbed five rebounds. “I made some good passes,” he said, but seemed to acknowledge that his commerce secretary stole the show, declaring, “Can Ron Brown shoot a jump shot or what?”

After the game, Clinton told the crowd: “I want everybody in America to know that there are people here in Los Angeles who believe that we can bring business to this area, that we can put people to work, if you have the help you need.”

“I wanted to come here today not just to have a little fun with a basketball, but to say to you and all of America that we’re going to have to rebuild this country from the grass roots up,” Clinton said. “This is an incredible untapped resource for America. If everyone in this country who wanted a job had one, we wouldn’t have half the problems we’ve got.”

Clinton said that he and Brown planned to go back to Washington to try to pass an economic program that will put “you back to work.”

The crowd in South-Central was clearly with him. Dorothy Redmond, a nursery school owner in the neighborhood, said: “I’m very encouraged. I am an entrepreneur of a small business and I think this is a step in the right direction.”

“I’m just speechless,” said Flora Lane, who traveled to South-Central from her home in the Wilshire district. “He is a person who cares about all people. I am for him 100%, plus his wife.”

But all the reviews of Clinton’s program weren’t favorable.

In Washington, Senate Minority Leader Bob Dole (R-Kan.) characterized Clinton’s trip as “heading West while his poll numbers go South.”

“His West Coast public relations blitz is just another political make-over to try to convince people he’s cutting spending when he’s really breaking all world records for tax increases,” Dole said.

In Sacramento, the Wilson Administration released a report contending that Clinton’s five-year plan would cost Californians $11.6 billion more than their “fair share” of spending cuts and tax increases.

The state Department of Finance said it drew its figures from Clinton’s proposals for defense cuts, defense conversion and retraining, tax increases on personal income and energy, and tax credits for investment. The analysis also included estimates of the indirect effect of changes in spending and tax policy and a possible reduction in interest rates.

The study said it was assumed that “California will receive a disproportionate share of benefits included in the Clinton proposals–tax credits, investment spending and defense conversion spending.”

But those benefits, it said, will only partially offset the “dampening effect” of the defense cuts. Although California’s population is about 12% of the nation, the study said it appeared the state would absorb at least 25% of the cuts.

Overall, the report said, the plan would cost Californians $68.7 billion, or 14.6% of the total. Based on the state’s 12% share of the nation’s population, the “fair share” of the deficit-cutting burden would cost the state and its residents $57 billion, the report said.

Times staff writer Daniel M. Weintraub contributed to this story from Sacramento.

* RELATED STORIES: A3, B1

National Security Adviser Wi Sung-lac said Friday the passage of ships through the Strait of Hormuz still remains largely blocked despite a two-week ceasefire between the United States and Iran, pledging that South Korea would continue to seek alternative shipping lanes.

Speaking at a press briefing at Cheong Wa Dae, Wi stressed that the government will continue efforts to secure alternative supplies of crude oil and naphtha amid concerns over Iran’s continued restrictions on traffic through the vital waterway.

“Shipping through the Strait of Hormuz remains disrupted,” Wi said. “Uncertainty in the supply chains is likely to continue for the time being.”

Wi noted that the number of vessels crossing the strait has not increased significantly since the ceasefire was agreed to on Tuesday (U.S. time).

“If around 2,000 vessels trapped in the strait attempt to leave all at once, it can take time, and securing safe shipping routes may also pose a challenge,” he said.

The government will continue to communicate with relevant countries to ensure the safety of all vessels and crew members, including 26 Korean-flagged ships that remain stranded in the Strait of Hormuz.

Copyright (c) Yonhap News Agency prohibits its content from being redistributed or reprinted without consent, and forbids the content from being learned and used by artificial intelligence systems.

April 6 (UPI) — Iran warned Monday of “much more devastating retaliation” if U.S. President Donald Trump follows through on his “power plants and bridges day” attacks unless Tehran complies with his Tuesday deadline to reopen the Strait of Hormuz.

In a statement carried by state-run broadcaster IRIB, Khatam al-Anbiya Central Headquarters, the Iranian military’s central command, said any repeat of recent strikes on civilian infrastructure would trigger the retaliatory response.

“In the event of a repetition of the attack on civilian targets, the next stages of our offensive and retaliatory operations will be much more devastating and widespread, and their losses and damages in insisting on this approach will be multiplied,” the statement reads.

The threat came after Trump issued an ultimatum full of expletives on Sunday on his Truth Social platform, threatening to obliterate Iran’s power stations and bridges.

“Tuesday, 8:00 P.M. Eastern Time!” he posted shortly afterward, seemingly adding 24 hours to a deadline imposed on March 26 of Monday night for when “all Hell will reign down” if Tehran did not allow safe passage of shipping through the strategically vital sea lane.

Iranian deputy foreign minister Kazem Gharibabadi accused Trump of preparing to carry out war crimes, citing the prohibition in international law on breaches of territorial integrity and destruction of power plants and bridges.

“The American president, as the highest official of his country, has publicly threatened to commit war crimes. The threat to attack power plants and bridges (civilian infrastructure) is a war crime under Article 8(2)(b) of the Rome Statute of the International Criminal Court,” Gharibabadi wrote on X.

There was a slender possibility of a deal before the deadline with Iran and mediators in the region working to put together a 45-day cease-fire, four U.S., Israeli and regional sources told Axios on Monday, while the United States was reported to be “in deep negotiations” with Iran.

“There is a good chance, but if they don’t make a deal, I am blowing up everything over there,” Trump said.

The threat of attacks on ships by Iranian forces has effectively shut the strait since the United States and Israel launched their airborne military offensive on Feb. 28 but Iran has said it could reopen provided reparations are paid for the damage the country has sustained and it receives guarantees it would not be attacked in the future.

It has been suggested that it will begin requiring vessels to pay a toll charge to transit, with the Iranian president’s office saying the Strait of Hormuz would reopen when “a portion of transit tolls is used to compensate for all the damage caused.”

Iran denies seeking a truce and keeps up counterattacks, as US-Israeli raids cause deaths and damage across the country.

Following the controversial final in Rabat – in which Morocco and Real Madrid forward Brahim Diaz missed a Panenka penalty to win the match in the 114th minute – the Royal Moroccan Football Federation (FRMF) immediately lodged a complaint with Caf and Fifa, claiming that Senegal leaving the field of play “greatly affected the normal course of the match and the players’ morale”.

Caf’s disciplinary committee initially rejected that appeal, instead issuing sanctions against both sides, including a five-match ban for Senegal head coach Pape Thiaw, on 29 January.

The FRMF said those original penalties did not “reflect the seriousness of the incidents”, and Caf’s appeal board agreed, releasing a statement on 17 March which said Senegal had contravened articles 82 and 84 of competition regulations.

Article 82 states that if a team “leaves the ground before the regular end of the match without the authorisation of the referee”, they are eliminated.

Senegal’s government responded by calling for an investigation into “suspected corruption” at Caf, a claim rebuffed by the governing body’s president, Patrice Motsepe, who has been at pains to point out the appeal board’s independence.

“It is important that the decisions of our Caf disciplinary board and the Caf appeals board are viewed with respect and integrity,” he said.

The final decision on who claims the 2025 Afcon title now rests with Cas, sport’s highest judicial authority.

“To wage this moral and legal crusade, we have appointed a team of seasoned professionals with undeniable expertise,” Fall announced in Paris, flanked by members of the FSF legal team.

One of them, lawyer Seydou Diagne, called the decision to strip Senegal of their title “so blatant, so absurd, so irrational”.

“The decision of the appeals jury cannot even be considered a true decision of sporting justice,” he added.

“It is an unacceptable and intolerable attack on the fundamental rights of our national Football Federation.”

Fellow lawyer Juan Perez said: “A match that was over, whose result had been decided by the referee, now being re-refereed, administratively – that’s unprecedented. You haven’t seen anything like it. It could change the world of football.”

Caf recently updated the Afcon 2025 review on its website to list Morocco as winners, although that page now appears to have been taken down.

With Senegal refusing to relinquish the trophy, and with Saturday’s planned parade a sign of their contempt, the battle to be crowned African champions is far from over.

US-Israel attacks on Iran continue as Israeli forces blow up the Qasimiyah Bridge in south Lebanon.

March 22 (UPI) — U.S. President Donald Trump is threatening to obliterate Iran’s power plants if it doesn’t re-open the Strait of Hormuz and allow oil tankers through.

“If Iran doesn’t FULLY OPEN, WITHOUT THREAT, the Strait of Hormuz, within 48 HOURS from this exact point in time, the United States of America will hit and obliterate their various POWER PLANTS, STARTING WITH THE BIGGEST ONE FIRST!” Trump posted on Truth Social Saturday night.

CNN quoted Iran’s Parliament Speaker Mohammad ⁠Baqer Qalibaf as saying that if Trump carries out this plan, Iran will retaliate by attacking infrastructure and energy facilities throughout the Middle East, driving up the prices for oil even further than they have been for the past three weeks.

The New York Times said about 175 people were injured Sunday morning in Iranian missile attacks on Arad and Dimona, residential neighborhoods in southern Israel.

The locations are near Israel’s biggest nuclear research and reactor center.

Last week, Trump asked members of NATO, whose countries depend on the oil transported through the Strait of Hormuz, to help re-open and police the essential trade route between Iran and Oman.

Britain, Canada, France, Germany, Italy, the Netherlands and Japan responded with a statement of support that said, “We express our readiness to contribute to appropriate efforts to ensure safe passage through the Strait.”

Iran closed the waterway Feb. 28 after the United States and Israel tried to destroy Iran’s nuclear program and long-range missile manufacturing facilities.

March 20 (Asia Today) — South Korea’s arms procurement agency has pledged a sweeping overhaul of its systems and export strategy as it pushes toward the government’s goal of becoming one of the world’s top four defense exporters. The Defense Acquisition Program Administration, or DAPA, is South Korea’s defense procurement agency, and it is now led by Administrator Lee Yong-cheol.

Speaking at a briefing with defense reporters in Seoul on Wednesday, Lee said the agency would press ahead with faster decision-making, stronger export execution and greater technological self-reliance. He said the current moment amounted to a last chance to reform an organization long criticized for inefficiency and delay.

Lee said DAPA’s export drive must go beyond ceremonial overseas trips and focus instead on securing contracts and building practical business outcomes. But he also acknowledged that export growth alone is not enough if the underlying system remains slow and structurally weak.

One of the clearest examples, he said, was the long-delayed KDDX next-generation destroyer program. The project drifted for more than two years as authorities failed to make a policy choice between direct contracting and open bidding, exposing what Lee described as a deeper decision-making problem rather than a regulatory one.

Lee said South Korea also remains behind in drone warfare capabilities. While drones have become central to modern combat, the country’s military systems are still focused largely on reconnaissance, with limited strike and interception capacity and continued dependence on imported core components. He said DAPA plans to rely more heavily on rapid acquisition and early deployment of prototypes to speed fielding.

Defense semiconductors remain another major vulnerability. South Korea depends heavily on foreign technology for key components used in radars, guided weapons and communications systems, a weakness Lee described as an urgent national task. He said the answer lies in building stronger links between the civilian semiconductor sector and military demand while sustaining long-term investment.

Lee also pointed to Canada’s submarine procurement program as a major test of South Korea’s export competitiveness. He said the outlook was not unfavorable but remained uncertain, describing the bid as a national effort involving diplomacy, industry and military capabilities. Yonhap reported Friday that Lee sees the contest as essentially even, with South Korea competing against Germany for a contract covering 12 submarines.

DAPA said it will also seek structural reforms to prevent repeated delays, including penalties for intentional slowdowns and changes to procurement procedures that can trap projects in repeated failed bidding cycles. Lee has instructed staff to move from planning-based administration to execution-based management, with clear deadlines and accountability.

The agency’s challenge now is whether it can turn reform rhetoric into durable institutional change. For South Korea to become a top-tier defense exporter, industry officials say, speed, structure, technology and political resolve will all need to advance together.

— 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=20260320010006140

March 18 (UPI) — Korea Hydro & Nuclear Power said Wednesday that new CEO Kim Hoe-chun has officially taken office to lead the state-run company over the next three years.

The chief executive said that he would establish a dual-track strategy of focusing on large-scale nuclear reactors and small modular reactors, or SMRs, at the same time to gain a stronger foothold in the global market.

SMRs refer to next-generation nuclear power plants, which are smaller but considered safer than traditional massive reactors. Korea Hydro & Nuclear Power, or KHNP, has worked on its own models, known as “innovative SMRs.”

“We will successfully carry out already secured overseas projects while pursuing tailored bidding strategies to enter new markets,” Kim said during an inauguration ceremony at the firm’s head office in Gyeongju, around 180 miles southeast of Seoul.

“We will develop the KHNP-style integrated management model as an export product and take a leading position in the international nuclear power market through innovative SMR technologies,” he said.

In June 2025, KHNP signed a contract to build two nuclear reactors in the Dukovany region of the Czech Republic. The agreement is estimated to be worth about $18 billion.

The company also has been competing with global players to win nuclear contracts in other countries.

Before taking the helm at KHNP, Kim spent decades at Korea Electric Power Corp., where he held a series of key positions after joining it in 1985. Between 2021 and 2024, he served as CEO of Korea South-East Power, an affiliate of KEPCO.

California Atty. Gen. Rob Bonta called out the federal government for largely vacating its role as antitrust regulator, saying it’s now up to California and other states to look out for consumers’ interests.

Bonta, the state’s top law enforcement officer, spoke Thursday at a Capitol Forum conference in Beverly Hills on antitrust issues and the future of Hollywood. His appearance came just days after the U.S. Department of Justice settled its case against Live Nation and Ticketmaster a week into a high-stakes trial, leaving state attorneys general to try to continue to fight that battle on their own.

The Justice Department’s about-face revealed a major fracture in antitrust enforcement. State attorneys general — particularly in Democratic-controlled states — say their role is becoming increasingly important to challenge alleged anti-competitive behavior.

President Trump has “abdicated the federal administration’s responsibilities to hold big corporations accountable to the law and protect a competitive marketplace,” Bonta said.

Bonta’s appearance comes as another major Hollywood merger appears to be sailing through its federal review with Trump’s tacit approval: Paramount Skydance’s proposed $110-billion deal for Warner Bros. Discovery.

The merger, announced late last month, has rattled Hollywood unions and some antitrust experts. It would combine legendary film studios, robust television production units and two prominent news organizations, CBS News and CNN, as well as dozens of cable channels.

“Paramount and Warner Bros. haven’t cleared regulatory scrutiny,” Bonta said. “My office has an open investigation into [the deal] and we intend to be vigorous in our review.”

California could bring its own lawsuit to block Paramount’s takeover, or join with other state attorney generals to launch legal proceedings to try thwart the deal or extract concessions — even if the Justice Department ultimately clears David Ellison’s deal.

Bonta outlined various concerns, including a continued contraction of Hollywood’s labor market, the consolidation of streaming services — Paramount+, HBO Max, Pluto and Discovery+ — and potentially higher prices and lower wages.

“There’s no industry as iconically California as the entertainment industry,” Bonta said. “It’s baked into California’s DNA.”

California Attorney General Rob Bonta vowed to drill into Paramount Skydance’s proposed takeover of Warner Bros. Discovery.

(Paul Kuroda/For The Times)

Paramount filed for Justice Department approval in December .

The maneuver started the regulatory review clock. And last month a key deadline for the Justice Department to raise concerns about Paramount’s proposed acquisition of Warner passed without comment from Washington.

Paramount has said it could finalize its deal by the end of September.

The architect of Paramount’s strategy, Chief Legal Officer Makan Delrahim, delivered his own keynote address, stressing the Ellison-family’s acquisition of Warner Bros. would not reduce competition and instead would be “a huge win for the creative community.”

“Paramount’s transaction with Warners is an opportunity to expand output, to grow the number of movies, shows and other content we are offering to the consumer,” Delrahim said, adding that will result in “more job opportunities,” including in Southern California, which is reeling from a production flight to other states and countries.

Delrahim conceded that Paramount was driven to buy Warner Bros. — it prevailed after Netflix bowed out — because Paramount is not big enough to compete in an industry dominated by technology giants.

He criticized the proposed Netflix deal, saying he doubted it would have passed regulatory muster due to Netflix’s strength in the streaming market.

Paramount still needs to win the support of Warner shareholders, and also gain regulatory approvals from the Justice Department, state attorney generals and overseas governments.

“This deal is a big win for Los Angeles, for California and for all communities that embrace filmmaking,” Delrahim said.

Tech mogul Larry Ellison has personally guaranteed the $45.7-billion in equity needed for the transaction . The company would have to take on more than $60-billion in debt — raising concerns among Hollywood workers about large-scale cost-cuts and layoffs.

“What is Paramount doing is …paying $110 billion to take out a rival,” said attorney Ethan E. Litwin, a former lawyer for TV networks, who also spoke at the conference. “When you take out a major rival in a highly concentrated industry … you are taking out competitors for projects. “

Bonta declined to say whether he would try to stop the Paramount-Warner merger.

Progressive State Leaders Committee, an affiliate of the Democratic Attorneys General Association, in December hired Rohit Chopra, a former director of the Consumer Financial Protection Bureau and former commissioner on the Federal Trade Commission, as a senior advisor. He will help coordinate efforts as the group, including Bonta, wages antirust enforcement battles.

“The federal government is just not enforcing the law,” Chopra said during Thursday’s conference. “Our states are really the last line of defense.”

WASHINGTON — Iran’s new supreme leader, Mojtaba Khamenei, vowed retaliation Thursday against the United States and Israel and signaled that Tehran will continue to choke off the world’s most critical oil route, as the war strained global energy markets and raised new security concerns in the United States.

In his first public remarks since U.S.–Israeli strikes killed his father, former Supreme Leader Ayatollah Ali Khamenei, Mojtaba Khamenei swore revenge. The new leader, notably, did not appear in person for the televised statement. Instead, his written words were read aloud on Iranian state media.

“We will never retreat and vow to avenge the blood of our martyrs,” he said. “Our revenge will be never ending, not only for the late supreme leader, but also for the blood of all of our martyrs. … Those who killed our children will pay the price.”

The new leader expressed condolences to families who lost children in a strike on a girls school in Minab that killed more than 165 people, many of them children. He also warned that the war could expand, declaring that the continuation of the conflict “depends on the interests of the parties.”

The Associated Press, citing two sources, reported that outdated intelligence likely led to the United States carrying out the deadly missile strike on the elementary school. U.S. Central Command relied on target coordinates for the strike using outdated data provided by the Defense Intelligence Agency, according to a person familiar with the preliminary finding.

Khamenei indicated that Tehran would maintain its blockade in the Strait of Hormuz, a key choke point through which 20% of the world’s oil supply is shipped. He also said he believes in friendship with his country’s neighbors, but that attacks on U.S. military installations in the region will continue. He described maintaining pressure on the passage as a necessary part of Iran’s war strategy.

His remarks came as attacks continued to disrupt shipping and energy infrastructure across the Persian Gulf. The war sent oil up 10% Thursday as hostilities in Iran drag on.

Reports from the region said Iranian forces have intensified strikes on vessels attempting to pass through the Strait of Hormuz, leaving hundreds of ships stranded at its entrances and rattling global oil markets.

Two oil tankers were struck by explosives in Iraqi waters near the port of Basra. The Islamic Revolutionary Guard Corps claimed responsibility for the attacks, which killed at least one crew member and set both vessels ablaze, according to the Associated Press. A third unnamed vessel was reported to have been struck by an “unknown projectile” near Dubai and Jebel Ali, causing a small fire, the United Kingdom Maritime Trade Operations reported.

The latest incidents come after drone strikes targeted fuel storage facilities across the Gulf, including at energy sites in Bahrain and at the port of Salalah in Oman, an important hub for tankers seeking to bypass the Strait.

“They will pay the price. We will destroy their facilities,” Khamenei said. “It is necessary to continue our defensive activity, including continuing to close the Strait of Hormuz.”