Magnitude 5.8 earthquake hits eastern Japan, no tsunami threat

Saudi Arabia intercepted multiple drones targeting the "Shaybah oil field" as regional tensions soar. Amid the conflict, Russia and Saudi Arabia "emphasised the need" for international efforts to prevent escalation. Meanwhile, the US warned Russia not to intervene, despite Trump and Putin discussing "opportunity for some peace" in Ukraine.

Addressing a gathering in Kentucky, Trump said, "I'm pleased to report that earlier today, the International Energy Agency agreed to coordinate the release of a record 400 million barrels of oil from various national petroleum reserves around the world, which will substantially reduce the oil prices, as we end this threat to America and this threat to the world."

Minister of Foreign Affairs of Japan Motegi Toshimitsu on Wednesday welcomed the decision made by the International Energy Agency (IEA) to implement a collective release totaling 400 million barrels of oil by the member countries, a statement by Japan's Foreign Minister said.

North Korea is intensifying preparations for its upcoming parliamentary elections scheduled for next week, including forming election committees and reviewing candidates for the Supreme People's Assembly, according to a report by Yonhap News Agency citing North Korean state media on Wednesday.

The International Energy Agency (IEA) on Wednesday announced the largest-ever release of emergency oil stocks in its history, making 400 million barrels of oil available to global markets to mitigate disruptions caused in the global energy supply by the ongoing West Asia conflict.