18 Mar, 17:08··

Japan Faces Pressure Over Oil Prices at Ormuz Strait

RFI

The closure of the Strait of Hormuz has significantly impacted Japan, a nation heavily reliant on Middle Eastern oil supplies. This disruption is driving up global oil prices, causing economic strain for Japan and prompting calls for a ‘safe maritime corridor.’ The situation underscores vulnerabilities in global energy markets and international security concerns.

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oil pricesgeopoliticsmiddle east