What We're Watching
Asia seeks coal amid Iran conflict, Israel expands its war within a war, Chile’s Kast builds a wall
Workers are unloading coal from a cargo ship on the Turag River in Dhaka, Bangladesh, on May 06, 2024.
Much as Europe did when Russia began its full-scale invasion of Ukraine four years ago, Asia is turning to a retro, highly-polluting fuel source as the Iran conflict limits the supply of liquefied natural gas: coal. The continent relies heavily on natural gas for its electricity, much of it imported – in the form of liquefied natural gas – from countries in the Persian Gulf. But with the Strait of Hormuz virtually shut, supplies from the region are no longer available. To alleviate these shortages, Bangladesh is increasing its coal consumption, South Korea is preparing to boost coal-fired power generation, and the Thai government has ordered its coal-fired power plants to operate at full capacity. The fear in Asia now, though, is that these energy disruptions outlast the Iran war.
While the world focuses on the Iran war, Israel expanded its attacks on Beirut on Wednesday in what were some of the most intense airstrikes on the Lebanese capital in decades. A building Israel claimed was used by the Iranian-backed militia Hezbollah was flattened, and apartment buildings were hit in two other districts. Israel’s aim is to root out Hezbollah while it is weak – conflicts with Israel over the last few years have degraded its leadership and alienated it domestically for drawing Lebanon into the Iran war. The militant group is even seeing its support dwindle in predominantly Shiite areas that it controls politically. So far, over 1 million people have fled Lebanon since the war began, fearing the country could be reduced to rubble by fighting.
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Microsoft, Europol, and industry partners took coordinated action to disrupt Tycoon 2FA, a major phishing‑as‑a‑service operation designed to bypass multifactor authentication. Active since 2023, the service fueled large‑scale online impersonation, enabling fraud, data theft, and disruptions across sectors, including healthcare and education. Acting under a US court order, the coalition seized hundreds of domains powering Tycoon 2FA’s infrastructure — underscoring the need for global, public‑private cooperation that is essential to counter industrialized cybercrime and protect digital trust. Read the full blog here.
Nearly a month ago, the US and Israel started a war with Iran. But one continent, which wants very little to do with the war, is uniquely impacted: Europe.
Ali Larijani, who was head of the Islamic Republic’s influential security council and had effectively run the country since Supreme Leader Ali Khamenei’s death, was killed in a strike overnight, Israel has said. Tehran has not confirmed his death.