Fiji, June 23 -- The Republic of the Marshall Islands (RMI) declared a State of Emergency following sharp increases in global fuel and commodity prices linked to the Iran conflict, Finance Minister David Paul told Pacific finance ministers as he opened the 2026 Forum Economic Ministers Meeting.

Addressing ministers and officials in Majuro Tuesday, Paul said the challenges leading up to the meeting, including disruptions caused by the conflict in the Middle East, underscored the need for regional economic resilience.

"Your attendance today is a demonstration of your commitment to ensuring our region remains economically and financially resilient despite the challenges we face," he said.

He also commended the Pacific Islands Forum Secret...