<ul><li>Japan has revised its defense transfer rules to permit the export of lethal weapons.</li><li>The government aims to strengthen its defense industry and boost international security partnerships.</li><li>The US Navy seized an Iranian-flagged cargo ship near the Strait of Hormuz.</li><li>Iran views the seizure as a violation of ceasefire agreements and vows resistance.</li><li>Global oil prices have risen due to the escalating tensions in the region.</li></ul>