Japan's Vice Minister of Economy, Trade and Industry: Together with the Asian Development Bank, we will launch a new transition finance framework to promote energy transition.

Japan's Vice Minister of Economy, Trade and Industry: Agreed to promote energy transition by improving energy efficiency and increasing renewable energy capacity.

The yield on 20-year UK government bonds reached 6% for the first time since March 1998, rising 7 basis points on the day.

Japan's Vice Minister of Economy, Trade and Industry: We discussed developing oil reserve infrastructure in Asia in cooperation with oil-producing countries.

The yield on 30-year UK government bonds rose to 6.047%, hitting a new high since 1998, up 6 basis points on the day.

According to Al Jazeera, security and defense analyst Wolfgang Pustätt stated that the Houthi declaration that Saudi airspace was unsafe was a "clever move." Pustätt pointed out that while the Houthi's long-range missile stockpile is dwindling, they still possess a significant number of missiles and drones capable of striking targets near the Yemeni border. Therefore, the group is attempting to use long-range missiles with "maximum efficiency," expanding the impact of its limited weapons resources by attacking civilian targets such as airports near Riyadh. He stated, "It doesn't take a large number of missiles to disrupt air traffic, because civilian airlines certainly won't fly to threatened airports." Pustätt believes that Saudi Arabia may redeploy its own missile defense system and receive assistance from US and European air defense equipment, but the drone threat remains. He also noted that while the Houthi claim to have shot down a Turkish-made Bayraktar drone may not be tactically significant, continued losses could weaken Saudi Arabia's ability to conduct reconnaissance operations over Yemen.